1087 Island View Drive Otonabee-South Monaghan, ON K0L 1B0
Listing Courtesy of: TORONTO IDX / Re/Max Jazz Inc.

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

Active
$1,999,999
7
BED
5
BATH

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.

MLS®:
X11955958
Taxes
$6,292(2024)
Type
Single-Family Home
Style
Bungalow-Raised
Views
Bay, Lake, Marina, Panoramic, Water
County
Peterborough County
Community
Rural Otonabee-South Monaghan

Listed By

Re/Max Jazz Inc.
Source
TORONTO IDX
Last checked Apr 24 2025 at 5:23 AM EDT
Bathroom Details
Interior Features
  • In-Law Suite
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Unfinished
Pool Information
  • None
Exterior Features
  • Concrete
  • Vinyl Siding
  • Roof: Asphalt Shingle
  • Roof: Metal
Utility Information
  • Sewer: Septic
  • Fuel: Oil
  • Energy: Energy Certificate: No
Garage
  • Detached
Parking
  • Front Yard Parking
  • Inside Entry
  • Reserved/Assigned
Stories
  • 1
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 01, 2025
Price Changed
$1,999,999
-12%
-277,001
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/23/25 22:23