Search

1000 GOFFATT ISLAND,

Property Overview - House For sale

Price$ 11 888 000On the Market20412 days
MLS® #S12562972TypeHouse
Bedrooms9 BedBathrooms11 Bath
Postal CodeL3V6H7
Property SizeBuilding Size0

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.

Land Details

Ownership TypeFreehold

Building Details

TypeHouse
Property TypeSingle Family
Bathrooms Total11
Bedrooms Above Ground9
Bedrooms Total9
Architectural StyleBungalow
Cooling TypeWall unit
Exterior FinishWood
Half Bath Total3
Heating TypeOther


This listing of a Single Family property For sale is courtesy of LUSI LI from BAY STREET GROUP INC.