$769,900 FOR SALE

Property

Bedrooms: 2Bathrooms: 2
2023 Taxes: $1,022.08Maintenance Fees: $635.02

739 Concession 15 W #6
Tiny, ON L9M 0H7 | Rural Tiny | Simcoe

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!

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Listed By RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9232354
Last Updated Oct 10, 2024
Property Summary
Property Type Other

More like this:
PIN 584110137
Possession Date Pref. Closing
Taxes (2023) $1,022.08
Maintenance Fees $635.02
Directions/Cross Streets Conc 16 to Conc 15 W
Neighbourhood Rural Tiny
Area Simcoe
Condo Registry Office .
Price History
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Detailed Information
Unit # .
Level .
Exposure W
Property Features Beach, Campground, Golf, Lake/Pond, Park, School
Building Amenities Bbqs Allowed, Outdoor Pool, Visitor Parking
Access To Property Yr Rnd Municpal Rd
Water Frontage 78.64
Water Body Type Bay
Water Body Name Georgian
Shoreline Clean, Mixed
Shoreline Allowance Not Ownd
Shoreline Exposure W
Water Features Beachfront
Special Designations Unknown
Easements Restrictions Unknown
Included Common Elements Heat Parking
Bedrooms 2
Bathrooms 2
Rooms 5
Kitchens 1
Approximate Square Footage 1000-1199
Approximate Age 16-30
Exterior Vinyl Siding
Air Conditioning Central Air
Fireplace/Stove Y
Balcony None
Ensuite Laundry Y
Laundry Access Ensuite
Basement None
Parking/Drive Private
Garage Type None
Garage/Park Spaces 0.0
Parking Spaces 3
Total Parking Spaces 3.0
Parking Type Owned
Locker None
Pets Permitted Restrict
Heat Source Gas
Heat Type Forced Air
Zoning SC-84
Rooms
Room Level Dimensions Notes
KitchenMain3.66 m x 2.13 m (12.01 ft x 6.99 ft)
DiningMain2.74 m x 2.13 m (8.99 ft x 6.99 ft)
LivingMain4.88 m x 3.66 m (16.01 ft x 12.01 ft)
Prim BdrmMain4.88 m x 3.66 m (16.01 ft x 12.01 ft)
BathroomMain4 Pc Bath
2nd Br2nd3.66 m x 2.74 m (12.01 ft x 8.99 ft)
BathroomMain4 Pc Bath
Bathrooms
Pieces Level
4Main

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