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Otonabee-south Monaghan,ON K0L1B0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Rural Otonabee-South Monaghan
MLS Listing ID X11955958
Style Raised bungalow
Bedrooms 7
Half Baths 1
Originating Board Central Lakes Association of REALTORS®
Property Sub-Type Freehold
Property Description
Huge spring revenue is only a couple months away. 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. (id:24570)
Location
Province ON
Lake Name Rice
Rooms
Extra Room 1 Main level Measurements not available Kitchen
Extra Room 2 Main level Measurements not available Living room
Extra Room 3 Main level Measurements not available Primary Bedroom
Extra Room 4 Main level Measurements not available Bedroom 2
Extra Room 5 Upper Level Measurements not available Kitchen
Extra Room 6 Upper Level Measurements not available Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Fence Fenced yard
Community Features Fishing,School Bus
View Y/N Yes
View Lake view,View of water,Direct Water View
Total Parking Spaces 50
Private Pool No
Building
Story 1
Sewer Septic System
Water Rice
Architectural Style Raised bungalow
Others
Ownership Freehold