Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X11955958 Status: For sale

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$1,999,999
Location:

1087 Island View Drive, Otonabee-south Monaghan Ontario, K0L1B0


Rice Lake
1087 Island View Drive, Otonabee-south Monaghan Ontario
Description:
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. (id:2471)
Property:
Type: Single Family
Lot Dimensions: 223.96 x 199.28 FTAcreage: 223.96 x 199.28 FT|1/2 - 1.99 acres
Waterfront Type: Waterfront
View Type: Lake view, View of water, Direct Water View
Sewer: Septic SystemWater: Dug Well
Access: Year-round access, Marina Docking
Structures: Deck, Drive Shed, Workshop, Boathouse, Dock
Parking Type: Detached Garage, Inside Entry
Structure:
Style: House
Bedrooms: 7Bathrooms: 5-Total 
Heating: Forced air
Heating Type: Oil
Cooling Type: Central air conditioning
Exterior: Concrete, Vinyl siding
Foundation Type: Block
Rooms:
Type Level Dimensions
KitchenMain levelMeasurements not available
Living roomMain levelMeasurements not available
Primary BedroomMain levelMeasurements not available
Bedroom 2Main levelMeasurements not available
KitchenUpper LevelMeasurements not available
Living roomUpper LevelMeasurements not available
OfficeUpper LevelMeasurements not available
Primary BedroomUpper LevelMeasurements not available
Bedroom 2Upper LevelMeasurements not available
Features:
Flat site In-Law Suite Fishing
School Bus     
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1087 Island View Drive, Otonabee-south Monaghan Ontario

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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