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1000 Goffatt Island N/A Ramara ON

📍 Ramara, Ontario L3V 6H7

$11,888,000

Active
9BEDS
11BATHS
9KITCHENS

📋 Listing Highlights

StatusActive
MLS®S12562972
ListedNov 20, 2025
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetGoffatt Island
PossessionTBD

📝 Listing 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.

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms9
Bathrooms11
Kitchens9

🔧 Building & Utilities

Heat SourceGas
HeatingOther
CoolingWall Unit(s)
BasementNone
GarageNone
ConstructionWood
RoofOther

💰 Financial

List Price$11,888,000
Annual Taxes$24,089 (2025)
PossessionTBD

🧮 Mortgage Calculator

$2,377,600
Est. Monthly Payment
$58,402/mo
Principal: $9,510,400 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by BAY STREET GROUP INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #S12562972 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.