$1,745,000
11.35 BTC
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1087 Island View Drive, Otonabee-South Monaghan
$1,745,000
PRICE
7
BEDROOMS
5
BATHROOMS
X12260722
MLSID

1087 Island View Drive, Otonabee-South Monaghan

An amazing opportunity to own this long-established marina, with 280 feet of prime commercial tourism waterfront on the north shore of Rice Lake. Located on The Trent Water System with 1.2 acres on land and approximately 1 additional acre leased from Parks Canada (under the water and taxed separately). Whether you're looking for a location to expand your marina operation, or looking for a change of lifestyle to combine work/play and cottaging, this is an opportunity to explore. There's an already established demand for boat and personal watercraft rentals with 100 plus boat slips all completely reserved, servicing Cow and Long Island. There's an ever growing demand for slips, with many other property owners and boat owners looking for a safe boat slip. 2-1 bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners residence) and 3 shops under approx. 6000 sq. ft of roof. Part of this space is high and heated so it's perfect for working all year servicing and repairing boats, snowmobiles, and personal watercraft, or building and selling 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 and exchange service. Plus, there's opportunity to increase revenue with boat shrink wrap and water taxis out to the islands. Also included is a construction barge with hoist service, $15 boat launch fee, and outdoor washrooms. There are a number of upgrades worth seeing! Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. The owner opts to shut down for winter but you could stay open all winter season to sell fuel to snowmobilers, operate a store/hot snack bar to the numerous ice fishermen or snowmobilers. The shops could also be used or rented to marine mechanics, marine upholstery shops, etc. Many possibilities for additional revenue. Definitely a business and lifestyle opportunity worth seeing and exploring!
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Summary

Address
1087 Island View Drive
MLSID
X12260722
Property Type
Detached
Property Category
Bedrooms
7
Bathrooms
5
Kitchens
4
Zoning
C T Commercial
Taxes (Annual)
$6,291.81
Tax Year
2024
Published
July 3, 2025
Days on Market
121 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

2 forklifts, barge with crane, 2 pontoon boats, all appliances, all store equipment and coolers,1 pontoon trailer, 1 crank up pontoon trailer, pontoon lift forks, 1 aluminum boats with 9.9 4 stroke engines, all docks.

Exclusions

Seller's Possessions

Details

Property Features
Fenced Yard, Lake/Pond, Marina, School Bus Route, Waterfront
Bathroom 1
4-Piece Upper Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Upper Level
Bathroom 4
3-Piece Upper Level
Bathroom 5
2-Piece Main Level
Basement
Unfinished
Exterior Features
Deck, Fishing, Security Gate, Year Round Living
Interior Features
In-Law Suite
Parking Spaces
50
Parking Total
50
Parking Features
Front Yard Parking, Inside Entry, Reserved/Assigned
Architectural Style
2-Storey
Roof
Asphalt Shingle, Metal
Construction Materials
Concrete, Vinyl Siding
Lot Width
224 Feet
Lot Depth
199 Feet
Water
Well
Heat Source
Oil
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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