For Sale

1087 Islandview Drive, Otonabee-South Monaghan, Ontario K0L 1B0

$1,999,999

1087 Islandview Drive, Otonabee-South Monaghan, Ontario K0L 1B0 is For Sale and has a listing price of 1,999,999. The property is located in the Otonabee-South Monaghan neighbourhood . It's been on the website for 38 Days.

  • Investment
    Property Type
  • MLS ID: X11954089
  • Office Name RE/MAX JAZZ INC.
Property Description

Attention anyone wanting to set up location for marine / snowmobile / personal watercraft dealership. This income generating property with so much room for growth. The biggest part of your yearly income is a few days away. Spring. Boat launch season. Welcome to your own life. Owned waterfront out to water’s edge and lease out into water 250 ft. from Parks Canada. This long well-established marina on Rice Lake, Trent Waterway System with 1.2 acres of land. More than 110 boat slips with room to expand, boat slips completely full, servicing Cow and Long Island property owners. 2-1-bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners’ residence) 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 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 taxi out to the islands, includes small construction barge with hoist, $15 boat launch fee, outdoor public washrooms. Loads of upgrades. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. Deeded parking to Cow Island Residents right behind the marina on a separately owned property. Cow Island residents rent a slip at the marina, no entitlement to a free slip. 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 huge shop could be used or rented to marine mechanic or marine upholstery shop, the 3rd. large high heated shop with auto hoist and other mechanical equipment could be leased to a mechanic. All 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. **EXTRAS** Everything is negatable

Property Details
  • MLS ID: X11954089
  • Price: $1,999,999
  • Lot Depth: 199.28
  • Transaction Types: For Sale
  • Ref ID: X11954089
  • Year Built: N/A
  • Dir / Cross St: Lakeview Rd & Islandview Dr
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/03/2025 X12260723 $1,850,000 For Sale - -
02/03/2025 X11954089 $1,999,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Otonabee-South Monaghan
  • $801,154 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 139 Median Days on Market
    based on 1 year
  • List vs. Selling Price 143.21 % Up
  • Sold (12mo) 34
  • Rented (12mo) 6

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 2 Walk Score
    Car-Dependent
  • 20 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    64.97%
  • All Houses/Commercial
    0.06%
  • Commercial
    33.33%
  • Condo
    0.42%
  • Land for Sale
    1.21%
Additional Details
  • Heat Type Oil Hot Water
  • Garage Type Other
  • Taxes: $6,292
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60-90 Day/TBA
  • Listing Entry Date: 03/02/2025 22:34:24
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