739 Concession 15 West Unit# 6 Tiny, Ontario L9M 0H7
$789,900
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. Don’t miss the chance to own this unique and potentially profitable #HomeToStay! (id:27910)
Open House
This property has open houses!
12:00 pm
Ends at:4:00 pm
12:00 pm
Ends at:4:00 pm
Property Details
| MLS® Number | 40604510 |
| Property Type | Single Family |
| Amenities Near By | Beach, Golf Nearby, Marina, Playground, Schools, Shopping |
| Community Features | Quiet Area, School Bus |
| Equipment Type | None |
| Features | Cul-de-sac, Crushed Stone Driveway, Country Residential |
| Parking Space Total | 3 |
| Pool Type | Inground Pool |
| Rental Equipment Type | None |
| View Type | Lake View |
| Water Front Name | Georgian Bay |
| Water Front Type | Waterfront |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 |
| Appliances | Central Vacuum, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Stove(s), Window Coverings |
| Basement Type | None |
| Constructed Date | 2003 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Fixture | Ceiling Fans |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1100 Sqft |
| Type | House |
| Utility Water | Drilled Well |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Beach, Golf Nearby, Marina, Playground, Schools, Shopping |
| Sewer | Septic System |
| Size Depth | 184 Ft |
| Size Frontage | 259 Ft |
| Size Irregular | 3.03 |
| Size Total | 3.03 Ac|2 - 4.99 Acres |
| Size Total Text | 3.03 Ac|2 - 4.99 Acres |
| Zoning Description | Sc-84 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 12'0'' x 9'0'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 16'0'' x 12'0'' | ||
| Main Level | Living Room | 16'0'' x 12'0'' | ||
| Main Level | Dining Room | 9'0'' x 7'0'' | ||
| Main Level | Kitchen | 12'0'' x 7'0'' |
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June 19 2024 04:28:27
Barrie & District Association of REALTORS® Inc.
RE/MAX Hallmark Peggy Hill Group Realty Brokerage