Ranta Marina

Ranta Marina leased out, to re-open later this year



By Ron Giofu


Ranta Marina will officially be back in operation for the 2017 boating season.

The marina, which had been for sale, will instead be leased with Mike Meloche being the person to reach an agreement with the investment group out of Toronto that owns the Front Road North facility.

“We finally reached a deal,” said Meloche. “I’ve been in talks with them for about four months. I’ve leased it for a five-year term. They are going to take it off the market for the five-year term.”

According to Meloche, the marina may go back on the market at that point but he would have first right of refusal. But for the next five years, it will be a lease arrangement.

“It’s a pretty long-term deal,” said Meloche. “It’s in my hands for five solid years.”

Meloche said they plan to open the first week in May. He admits they have gotten off to a late start this year but estimates approximately two-thirds of their target has been reached. The plan is to fill all 104 slips in 2018.

“We’re probably getting a couple of customers calling every day for wells,” said Meloche. “We’ve got quite a few returning customers.”

Meloche, who helped run Bru Mon marina for several years until it was sold, said the plans call for the dismantling of the restaurant structure that was there and offer either a food truck or small concession stand for boaters. He said there won’t be a restaurant there serving liquor.

“It’s going to open as a marina and renting wells,” he said, adding gasoline sales for boats will also occur.

The marina will be run by Meloche, his wife and their two daughters initially as he is not sure yet the plan for employees. He called 2017 a “break-even year” and said he is “very excited” to get it officially re-open. Meloche added he lives close to the marina and saw it fall to its lowest depths in recent years.

The marina was formerly owned by the town but was sold in 2009 for $584,000, a figure that outraged people at the time. The mortgage holders took possession of the property in 2015 with it being put up for sale in early 2016. Boaters could still be seen using the facility in the last couple of years, despite the fact it was not officially open.


Despite the uncertainty in recent years, Meloche said the 13-acre site has held up well.

“The overall facility is in fairly decent shape,” said Meloche. “The washrooms, showers and pool are in good shape. The docks are in very good shape. It will be up and running shortly.”

Ranta Marina has nice views for boaters, Meloche added, and he hopes to offer Wi-Fi Internet service to boaters as well. He also hopes to attract transient boaters to the marina.

Rental rates will be $45 per foot, he added, slightly less than what it was when it closed.

For more information or to obtain a well or ramp pass, Meloche can be reached by calling 519-566-4980.

One offer in on Ranta Marina, other offers still encouraged



By Ron Giofu


The realtor selling Ranta Marina says one offer has been made but noted other offers are still welcome.

John D’Alimonte of Re/Max Realty said the marina is listed for sale on MLS and is being listed under a power of sale. He said the mortgagees took possession of the property last year and D’Alimonte just listed it in mid-January. A Woodbridge-based lawyer is acting on behalf of the Toronto investors who currently have the mortgage on the property, located at 1500 Front Road North.

It is being listed at $1,899,000. The town sold the marina in 2009 for $584,000.

Ranta Marina, as seen Jan. 31, 2016

Ranta Marina, as seen Jan. 31, 2016

“We do have an offer going back-and-forth,” said D’Alimonte.

Noting he is “fairly optimistic,” D’Alimonte did note that offers on these types of transactions often come in conditional on a number of items and if one of the conditions isn’t met, it can scuttle the offer.

“We encourage other buyers to come in as back up offers,” said D’Alimonte.

D’Alimonte pointed out the marina was built by the federal government and believes there will be others who show interest in the 104-slip facility.

“It’s a beautiful marina,” said D’Alimonte. “I think there is going to be a lot of interest.”

Stating people from out-of-town see the value of investing in this area, D’Alimonte believes that is where some of the interest could come from. The entire site is 13 acres.

“My goal is to market the property outside the region,” he said. “This could be attractive to American boaters, possibly.”

A number of people from the Toronto area are also buying up local land due to the lower prices as compared to the GTA.

“They are buying our investment properties. They are getting returns on their money,” said D’Alimonte.

According to D’Alimonte, the parkland next door is not part of the deal. The town elected to keep that land in 2009.

“The Ranta Park is not included,” said D’Alimonte.

D’Alimonte emphasized his belief that it is a “jewel of a property” and estimated it could be three to five months before it is known whether the current offer will be fully accepted.