For Sale

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

$1,850,000

1087 Island View Drive, Otonabee-South Monaghan, Ontario K0L 1B0 is For Sale and has a listing price of 1,850,000. The property is located in the Otonabee-South Monaghan neighbourhood . It's been on the website for 73 Days.

  • Detached
    Property Type
  • 7
    Bedrooms
  • 5
    Bathrooms
  • Inside Entry
    Parking
  • MLS ID: X12260722
  • Office Name RE/MAX JAZZ INC.
Property Description

Same owner from 2005. This long well-established marina with 280 feet of prim commercial tourism waterfront on north shore of Rice Lake The Trent Water System has 1.2 acres on land, approx. 1 acre leased from Parks Canada under the water and taxed separately. Looking for a location to expand your marina operation or open a new location for snowmobile dealership and repair here it is. All the hard work has been done. Huge demand for boat and personal watercraft rentals. More than 110 boat slips with room to expand is completely full servicing Cow Island property owners and many others, no vacant boat slips but room to create more slips. Cow Island parking at the back of the property not included. 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, part of that space is high and heated perfect for working all year servicing and repairing boats snowmobiles and personal watercraft, also building docks for area cottagers. Large retail store selling everything from snacks to fuel, oil, marine parts and fishing tackle and bait, Marine fuel sales with TSSA inspected above ground fuel tank, propane tank exchange service. Room to increase revenue with boat shrink wrap, water taxi out to the islands, also included construction barge with hoist service, $15 boat launch fee, outdoor washrooms. Loads of upgrades. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407.The owner the shuts down for 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. More boat slips are also needed if the buyer chose to construct. Offer to Both those uses are be done on a commercial offer form. HST to be self-assessed buy the Buyer.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12260722
  • Price: $1,850,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 199.28
  • Ref ID: X12260722
  • Approx Sqft: < 700
  • Dir / Cross St: Lakeview Rd East and Island View Drive
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
07/03/2025 X12260722 $1,850,000 For Sale - -
02/04/2025 X11955958 $1,999,999 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Otonabee-South Monaghan
  • $786,526 Average List Price
    based on 1 year
  • 48 New Listings
    based on 30 days
  • 59 Median Days on Market
    based on 1 year
  • List vs. Selling Price 145.1 % Up
  • Sold (12mo) 85
  • Rented (12mo) 13

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    64.69%
  • All Houses/Commercial
    0.06%
  • Commercial
    33.67%
  • Condo
    0.45%
  • Land for Sale
    1.13%
Additional Details
  • Heat Type Forced Air
  • Heat Source Oil
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 50
  • Exterior Concrete, Vinyl Siding
  • Kitchen 4
  • Parking Inside Entry
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 2
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $6,292
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/07/2025 20:10:35
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