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

Level	Type	Dimensions
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 Type: Parking, Common Area Maintenance, Heat
Maintenance Fee Payment Unit: Monthly
Management Company: .
Ownership: Condominium/Strata
Parking Spaces: 3
Pool: Outdoor pool
Transaction: For sale
Water Body Name: Georgian
Zoning Description: SC-84

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

Listing provided by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
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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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