1000 GOFFATT ISLAND

$11,888,000

Atherley, Ramara, Ontario

  • 9 beds
  • 11 baths
Residential · Single FamilyType
0Parking
Natural gas, OtherHeating
Wall unitCooling
287Days on market

About this property

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. (id:66327)

Property details

Interior

Bedrooms
9
Bedrooms above grade
9
Bathrooms
11 + 3 half
Storeys
1
Basement
None

Exterior & parking

Structure type
House
Architectural style
["Bungalow"]
Parking spaces
0
Parking features
No Garage
View
Direct Water View, Unobstructed Water View
Exterior features
Wood

Building & HOA

Heating
Natural gas, Other
Cooling
Wall unit

Financial & legal

List price
$11,888,000
Annual taxes
$24,089
Tenure
Freehold
Status
Active
MLS® number
S12562972

Location

City
Ramara
Neighbourhood
Atherley
Province
Ontario
Postal code
L3V6H7
Directions
Cross Streets: Goffatt Island. ** Directions: Hwy 12 E, Rt On Courthland, Rt.

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).