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6 - 739 Concession 15 W Tiny, Ontario L9M 0H7

2 Bedroom 2 Bathroom
Fireplace Outdoor Pool Central Air Conditioning Forced Air

$769,900

Maintenance, Parking, Common Area Maintenance, Heat

$635.02 Monthly

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:31697)

Property Details

MLS® Number S9232354
Property Type Single Family
Community Name Rural Tiny
AmenitiesNearBy Beach, Park, Schools
CommunityFeatures Pet Restrictions
ParkingSpaceTotal 3
PoolType Outdoor Pool

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Amenities Visitor Parking, Separate Electricity Meters
Appliances Central Vacuum, Dishwasher, Dryer, Furniture, Microwave, Refrigerator, Stove, Washer, Window Coverings
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FireplacePresent Yes
HeatingFuel Natural Gas
HeatingType Forced Air
Type Other

Land

AccessType Year-round Access
Acreage No
LandAmenities Beach, Park, Schools
SurfaceWater Lake/pond
ZoningDescription Sc-84

Rooms

Level Type Dimensions
Second Level Bedroom 2 3.66 m x 2.74 m
Main Level Kitchen 3.66 m x 2.13 m
Main Level Dining Room 2.74 m x 2.13 m
Main Level Living Room 4.88 m x 3.66 m
Main Level Primary Bedroom 4.88 m x 3.66 m
Main Level Bathroom Measurements not available
Main Level Bathroom Measurements not available

https://www.realtor.ca/real-estate/27233526/6-739-concession-15-w-tiny-rural-tiny

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