4739 Cedar Point Ln - Residential Income FOR SALE


Ramara, ON L3V 0S1
$9,500,000 CAD
647-943-3673
4739 Cedar Point Ln, Ramara, ON for Sale
$9,500,000 CAD
Residential Income - FOR SALE
1/40
null | Request Cap Rate

4739 Cedar Point Ln
Ramara, ON L3V 0S1


HIGHLIGHTS

  • One of the last large, intact private islands on Lake Simcoe and located near Orillia, Casino Rama, marinas, and recreational destinations.
  • Approximately 3,694 feet of shoreline surrounds the island holding.
  • Dedicated 0.36 mainland parcel provides private parking, utilities, dockage, and island access.
  • Operating hospitality property with accommodations, dining, and event facilities.
  • Over $11 million invested in infrastructure and property improvements since 2017.
  • Island-wide 1,600-amp capacity power system extended by underwater cable from the mainland.

OVERVIEW

Goffatt Island offers a rare opportunity to acquire a fully serviced private island estate and operating hospitality property on Lake Simcoe. Encompassing approximately 11.47 acres across an 11.11-acre island and a dedicated mainland access parcel, the property combines significant waterfront land holdings with infrastructure that supports hospitality, retreat, recreational, and long-term investment uses. Ownership has invested more than $11 million since 2017 in the redevelopment of the property, including accommodation buildings, utility systems, shoreline improvements, docks, landscaping, and site servicing. The property currently operates as a boutique island resort and special-events venue featuring nine self-contained accommodation suites with a total of 19 bedrooms, a conference and dining facility, general store space, staff accommodations, multiple beach areas, marina infrastructure, and recreational amenities. Extensive electrical, water treatment, and septic infrastructure support the island's operations, creating a level of servicing uncommon among private island assets. Located at the northeast end of Lake Simcoe, the property is approximately five kilometres from Orillia and near Casino Rama, marinas, provincial parklands, and established recreational destinations. The dedicated mainland parcel at 4739 Cedar Point Lane provides private parking, utility connections, and direct boat access, enhancing the practicality and accessibility of the island. The property's legal non-conforming resort use, substantial shoreline frontage, established infrastructure, and proximity to major Ontario population centres support a variety of ownership strategies, including hospitality operations, retreat uses, family compound ownership, and long-term landholding investment.

FOR SALE DETAILS

PRICE

$9,500,000 CAD

PRICE/SF

$950 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goffatt Island

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

11.47 AC

LAND SF

499,633 SF

ZONING

RU / SR

APN/PARCEL ID

434801000764200

ASK ABOUT THIS PROPERTY

Luke ScheerCBREMore Info
647-943-3673

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Luke ScheerCBREMore Info
647-943-3673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.