1000 Goffatt Island, Ramara (Atherley), Ontario L3V6H7

Listing courtesy of BAY STREET GROUP INC..

$11,888,000
9
BD
11
BA

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List Price
$11,888,000
MLS®
S12562972
Days on Market
250
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
9
Bathrooms
11
Subdivision
Atherley

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:5764)

Additional Information

Ownership
Freehold
View
Direct Water View, Unobstructed Water View
Subdivision
Atherley
Water Body Name
Lake Simcoe
Cooling
Wall unit
Country
Canada
Sewer
Septic System
Heating
Natural gas, Other
Lot Features
Wooded area
Architectural Style
Bungalow
Stories
1
Waterfront
Yes

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