$11,888,000

House For Sale In Ramara, Ontario

$11,888,000
  • 9

    Bedrooms

  • 11

    Baths

  • Yes

    Water Front

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Architectural Style: Bungalow
  • Basement Type: None
  • Construction Style - Attachment: Detached
  • Easement: Unknown
  • Exterior Finish: Wood
  • Floor Space: 5000 - 100000 sqft
  • Heating Type: Other
  • Cooling Type: Wall unit

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 9
  • Bathrooms: 11
  • Half Bathrooms: 3
  • Access Type: Water access
  • Features: Wooded area
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Structure Type: Boathouse
  • Surface Water:
  • View Type:
  • WaterFront Type: Island
  • Sewer: Septic System
  • Parking Type: No Garage

Courtesy of: BAY STREET GROUP INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.