$520,000 FOR SALE

Detached

Bedrooms: 2Bathrooms: 1Lot: 259 x 184 ft
TRANQUIL BEACHFRONT RETREAT ON GEORGIAN BAY WITH AN INGROUND SALTWATER POOL & INCOME POTENTIAL! Welcome to this charming 1.5-storey cottage in a waterfront beach resort on Georgian Bay! This property offers, at minimum, a potential gross income of $35-$50k 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. The resort features 258 feet of private sandy beach that is shallow and safe for families. This property is not a time-share or co-op but offers the ultimate flexibility and convenience. 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. Enjoy an effortless vacation rental experience, with property maintenance handled through maintenance fees. These fees cover heat (gas), water, water heater, snow and garbage removal, property management fees, upkeep of grounds, and access to the heated saltwater pool. The only additional expenses are hydro and internet, ensuring a hassle-free ownership experience. Don’t miss the chance to own this unique and potentially profitable piece of paradise on Georgian Bay—your tranquil retreat awaits! (id:47423)

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Listed By Re/Max Hallmark Peggy Hill Group Realty Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40639909
Last Updated Oct 10, 2024
Property Summary
Property Type Detached

More like this:
Subdivision Tiny
Price History
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Detailed Information
Bedrooms 2
Bathrooms 1
Lot 259 x 184 ft
Amenities Nearby Beach, Golf Nearby, Marina, Park, Schools, Shopping
Community Features Quiet Area, School Bus
Equipment None
Features Country residential
Listing Contract Date 2024-08-30
Location Description Tiny Beaches Rd W/Conc 16 (LaFontaine Rd)/S to Conc 15 W
Maintenance Fee Type Heat, Landscaping, Property Management, Water, Parking
Ownership Type Other, See Remarks
# of Parking Spaces 2
Pool Inground pool
Property Type Single Family
Rental Equipment None
Structures Porch
Transaction Type For sale
Views Direct Water View
Waterfront Type Waterfront
Waterfront Name Georgian Bay
Zoning Description SC-84
Building
Appliances Dishwasher, Refrigerator, Gas stove(s)
Basement Type None
Constructed Date 2003
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Vinyl siding
Fireplace Present Yes
# of Fireplaces 1
Stories Total 1.5
Type House
Utility Water Drilled Well
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level11'11'' x 10'5''
4pc BathroomMain levelMeasurements not available
BedroomMain level11'11'' x 7'7''
Living roomMain level15'7'' x 11'1''
KitchenMain level7'7'' x 7'0''
Land
Total Size 3.03 acres
Acreage Yes
Amenities Beach, Golf Nearby, Marina, Park, Schools, Shopping
Sewer Septic System
Size of Irregular Land 3.03
External Links

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