1087 Island View Dr

Otonabee-South Monaghan | Rural Otonabee-South Monaghan | K0L 1B0
  • 7
  • 5
  • 0

$2,277,000

Est. Mtg $7,720 /mo
  • Days on market

    86

  • Status

    New

Listing Broker RE/MAX JAZZ INC.
Since listed: 1 views

Home details

MLS #:

X11955958

Property type:
Detached
Style:
Bungalow-Raised
Taxes:
$6,292
Possession:
Flexible
Lot Front:
223.96   Feet
Lot Depth:
199.28   Feet
Basement:
Unfinished |
Driveway Pkg:
50
Heat:
Oil | Forced Air

Description


1087 Island View Dr, , Otonabee-South Monaghan, Ontario is a Detached property in Otonabee-South Monaghan and in the Rural Otonabee-South Monaghan community in the K0L 1B0 postal code


This is an income generating property with so much room for growth. 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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-02 2025-03 $2,277,000 $2,277,000 New X11955958

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Otonabee-South Monaghan :

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Average sale price
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Year on Year Growth

Municipality activity All Property Types

Sale activity

Otonabee-South Monaghan :

Average sale price
Properties sold
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Sale $ / List $
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Estimated running costs for 1087 Island View Dr

Based on available 3rd party data

$8380

Approximate costs per month

Mortgage
$7720 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$524 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Fenced Yard
  • Lake/Pond
  • Marina
  • School Bus Route
  • Waterfront
Listing Broker RE/MAX JAZZ INC.
Data Source: TRREB

Payment calculator

$8245 monthly. In association with: TD Bank
%
  • Principal and Interest
    7720 /mo
  • Property Taxes
    $524 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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