6 - 739 CONCESSION 15 W Tiny

6 - 739 CONCESSION 15 W, Tiny, Ontario

$789,900

  • 2 Beds
  • 2 Baths

A LUCRATIVE INVESTMENT OPPORTUNITY AWAITS! HIGH-DEMAND BEACHFRONT PROPERTY WITH STUNNING VIEWS! Welcome to 739 Concession 15 West #6. This property offers a potential gross income of $45-$60k per year and would make an excellent addition to your rental portfolio. Located less than 20 minutes from Midland, it offers easy access to shopping, just 40 minutes from Barrie, and under 2 hours from the GTA. With 258 feet of private beach, almost full occupancy projected for the upcoming 2024 summer season & a 5%+ cap rate, this property presents an attractive investment opportunity. Unlike other cottages restricted by local bylaws, this is one of the few with coveted rental rights. This property benefits from shoreline commercial zoning, allowing short-term rentals without a license. This exemption from licensing restrictions is the golden ticket for investors, ensuring a consistent and lucrative rental income stream. Tiny only permits 300 rental licenses annually, creating a highly competitive market where most property owners cannot capitalize on short-term rentals. The fully furnished 2 bedroom home accommodates up to 10 guests & features modern amenities, including a gas fireplace, newer appliances, and 2 walkouts to the expansive deck with water views. Resort amenities include a heated saltwater pool & shallow beach entrance. Maintenance fees cover most expenses, property taxes, gas heat, water, snow removal, satellite TV & the upkeep of the grounds & pool. Unlike timeshares or co-ops, this property offers actual ownership with the freedom to use it whenever you desire. Dont miss the chance to own this unique and potentially profitable #HomeToStay! (id:56241)

  • Listing ID: S8429752
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom 2 Second level 3.66 m x 2.74 m
Kitchen Main level 3.66 m x 2.13 m
Dining room Main level 2.74 m x 2.13 m
Living room Main level 4.88 m x 3.66 m
Primary Bedroom Main level 4.88 m x 3.66 m
Bathroom Main level Measurements not available
Bathroom Main level Measurements not available

Details

  • Amenities Nearby: Beach, Park, Schools
  • Community Features: Pet Restrictions
  • Maintenance Fee: 635.02
  • Maintenance Fee Payment Unit: Monthly
  • Management Company: .
  • Ownership: Condominium/Strata
  • Parking Spaces: 3
  • Pool: Outdoor pool
  • Transaction: For sale

Building

  • Amenities: Visitor Parking, Separate Electricity Meters
  • Appliances: Central Vacuum, Dishwasher, Dryer, Furniture, Microwave, Refrigerator, Stove, Washer, Window Coverings
  • Bedrooms Main Level: 2
  • Cooling: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace Present: True
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Type: Other

Land

  • Access Type: Year-round access
  • Amenities: Beach, Park, Schools
  • Surface Water: Lake/Pond
MLS®

Listing provided by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 6 - 739 CONCESSION 15 W in Tiny Ontario, was last modified on June 11th, 2024. Contact us to schedule a viewing or to find other properties for sale in Tiny.

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