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$11,888,000
Available - For Sale
Listing ID: S12562972
1000 Goffatt Island N/A , Ramara, L3V 6H7, Simcoe


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.
Price $11,888,000
Taxes: $24089.00
Occupancy: Owner
Address: 1000 Goffatt Island N/A , Ramara, L3V 6H7, Simcoe
Acreage: 10-24.99
Directions/Cross Streets: Goffatt Island
Rooms: 14
Bedrooms: 9
Bedrooms +: 0
Family Room: F
Basement: None
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 4 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Wood
Garage Type: None
(Parking/)Drive: Other
Drive Parking Spaces: 0
Park #1
Parking Type: Other
Park #2
Parking Type: Other
Pool: None
Approximatly Square Footage: 5000 +
Property Features: Island, Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BAY STREET GROUP INC.
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: Ramara
Neighbourhood: Atherley
Style: Bungalow
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $24,089
Maintenance Fee: $0
Beds: 9
Baths: 11
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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