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1087 Island View Drive

7 Beds
5 Bath

$1,999,999

Est. Payment
$7,639/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RE/MAX JAZZ INC.
DetachedMLS #X11955958Price Change

Room Details

RoomFeaturesLevel
Kitchen
Upper
Living Room
Upper
Primary Bedroom
Upper
Bedroom 2
Upper
Kitchen
Main
Living Room
Main

Client Remarks

TRhe docks are soon going in. The beginning of another busy summer at this income generating property with so much room for growth. The biggest part of your yearly income is a few days away. Spring boat launching. Welcome to your own future. A place to live and a place to build a future. Owned waterfront out to the waters edge and lease out into the water 250 ft. from Parks Canada. This long well-established marina on Rice Lake Trent waterway System on 1.2 acres is so under-utilized. Approx. 1 acre leased from Parks Canada under the water taxed separately. More than 110 boat slips with room to expand is completely full servicing Cow and Long Island property owners. There are no unrented boat slips available at this time. 2-1-bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners' residence) with stunning views over the docks and the waterfront. 3 shops under approx. 6000 sq. ft. of roof (roof would be perfect for solar panel income), part of that large space is high and heated. Large retail store, Marine fuel sales with TSSA inspected above ground fuel tank, propane tank exchange service. Room to increase revenue with marina service, boat shrink wrap, water tax out to the islands, includes small construction barge with hoist, $15 boat launch fee, outdoor washrooms. Loads of upgrades. Only 45 mins to Oshawa, $15 mins to Peterborough, 20 mins to 407. Deeded parking to Cow Island Residents behind the marina. The owner shuts down for the winter but could stay open all winter to sell fuel to snowmobilers, operate a store perhaps a hot snack bar to the numerous ice fishermen who fish right out front. The shops could be used or rented to marine mechanic; marine upholstery shop the 3rd large high heated shop with auto hoist and other mechanical equipment could be leased to a mechanic. All of those uses are needed in the area. More boat slips are also needed, if the buyer chose to construct. Offer to be done on a commercial offer form. HST to be self-assessed by the Buyer.

About This Property

1087 Island View Drive, Otonabee South Monaghan, K0L 1B0

Property Type
Detached
Lot Size
.50-1.99 acres
Style
Bungalow-Raised
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Unfinished
Building Size
N/A
Status
In-Active
Property Type
Detached
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
1087 Island View Drive, Otonabee South Monaghan, K0L 1B0
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 1087 Island View Drive

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