Ramara L3V 6H7
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 11
Pets: No Pets Allowed

Financials

Price:C11,888,000
($8,642,457)
(€7,354,031)
Annual Taxes:C24,089
505 Park Ave, New York, NY 10022

Welcome to Goffat Island, your own private 11 acre sanctuary on the beautiful Lake Simcoe, offering the perfect blend of serene island living and modern convenience.

Description

Welcome to Goffat Island, your own private 11-acre sanctuary on the beautiful Lake Simcoe, offering the perfect blend of serene island living and modern convenience. This exceptional property, located just a two-hour drive from Toronto and a mere 350 meters from the mainland, includes a dedicated shoreline lot at 4739 Cedar Point Lane. This mainland base provides essential amenities like parking, a garage, hydro connection, and a 58-foot concrete boat dock, ensuring seamless access to your island retreat. The island itself is a fully-developed cottage resort, having undergone extensive renovations with nearly $9 million in investments, making it a pristine turn-key opportunity. This unique island property is supported by robust, independent utilities, highlighted by a dedicated 1,600-amp power supply running underground from the mainland. The island's 800-amp distribution system-substantiated by the main cottage's 700-amp panel-ensures ample capacity for modern resort operations, representing a $950,000 infrastructure investment. Wastewater is efficiently managed through three strategically placed septic beds, servicing key building areas and ensuring complete operational self-sufficiency. It features 9 versatile rental suites, a conference and dining hall ideal for events, a general store, and a total of 7 main buildings, all set amidst beautifully cleared and wooded level land. With a 65-foot concrete pier, additional docks, and multiple waterfront decks, the property is perfectly equipped for both private enjoyment as a luxurious family compound and as a lucrative revenue-generating business with potential for further expansion like campsites. This is a rare chance to own a complete, move-in ready island paradise that promises an unparalleled lifestyle and a sound investment.

Amenities

  • Clear
  • Island
  • Other

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.