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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,677,777
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Welcome to your own future. Spring of 2026 revenue coming soon. don't miss out. Anyone looking for a location on the Trent Waterways to open a marine or snowmobile dealership. This long well-established marina on Rice Lake on the Trent Severn Water System on 1.2 acres is so under utilized. Approx more than 100 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 homes (owners residence) with stunning views over the docks and waterfront. 3 shops under approx 6000sqft of roof, part of that space is high and heated. Large retail store, marine fuel sales with TSSA inspected & upgraded above ground fuel tanks, propane tank exchange service. Room to increase revenue with marina service, boat shrink wrapping, water taxi 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 ins to 407.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 huge shop could be used or rented to marine mechanic or marine upholstery shop. Both those uses are much needed in the area. More boat slips are also needed if the Buyer chooses to construct. HST to be self-assessed by the Buyer (id:39198)
Location
Province
Ontario
City
Otonabee south Monaghan
Address
Islandview
Postal Code
K0L1B0
Location Highlights
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Listed by
RE/MAX JAZZ INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,677,777
Asking Price
$1,677,777
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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