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6 - 739 Concession 15 W

Tiny, ON, L4M 0J1

2
Beds
2
Baths
$769,900
List Price
Details
Photos
25
Comparables
History
6 - 739 Concession 15 W, Tiny, ON - 1 of 3
6 - 739 Concession 15 W, Tiny, ON - 2 of 3
6 - 739 Concession 15 W, Tiny, ON - 3 of 3
52 days on market

Quick Summary

  • Lucrative investment opportunity with potential
  • Stunning beachfront property with private beach
  • Excellent rental income of $45-$60k per year
  • Convenient location near shopping and Barrie
  • Attractive 5%+ cap rate investment
  • Exemption from local rental licensing restrictions
  • Fully furnished 2-bedroom home for up to 10 guests
  • Resort-style amenities including heated pool

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... Show More

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:54626)

Property Details

Size

Sq. Ft. Not Available
7 total rooms
2 Beds
2 Above Grade
2 Baths
2 Full

Parking

3 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Vinyl siding
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning
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Rooms

Bedroom 2

8′11″ x 12′0″

Kitchen

6′11″ x 12′0″

Dining room

6′11″ x 8′11″

Living room

12′0″ x 16′0″

Primary Bedroom

12′0″ x 16′0″

Bathroom

Bathroom

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Ownership Details

Ownership

Title
Condo
Zoning
-

Condo Fee

Condo Fee
$635.02
Condo Fee Includes
Parking, Common Area Maintenance, Heat

Source

Listing Brokerage

MLS® Listing
S9232354
Last Updated
September 19, 2024
Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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