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$11,888,000
Est. payment /mo
9 Beds
11 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $2,377
Subdivision Atherley
MLS® Listing ID S12562972
Style Bungalow
Bedrooms 9
Half Baths 3
Property Sub-Type Freehold
Source Toronto Regional Real Estate Board
Property 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. (id:24570)
Location
Province ON
Lake Name Lake Simcoe
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Wall unit
Exterior
Parking Features No
View Y/N Yes
View Direct Water View, Unobstructed Water View
Private Pool No
Building
Story 1
Sewer Septic System
Water Lake Simcoe
Architectural Style Bungalow
Others
Ownership Freehold
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Listed by BAY STREET GROUP INC.
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