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739 Concession 15 West Unit# 6

TinyON, L4M 0J1

2
Beds
2
Baths
1,100
Sq. Ft.
$769,900
List Price
739 Concession 15 West Unit# 6, Tiny, ON - 1 of 3
739 Concession 15 West Unit# 6, Tiny, ON - 2 of 3
739 Concession 15 West Unit# 6, Tiny, ON - 3 of 3
51 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
  • Fully furnished 2-bedroom home for up to 10 guests
  • Modern amenities including gas fireplace and deck
  • Resort-style amenities like heated saltwater pool
  • Exemption from Tiny's rental license restrictions

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

1,100 sq. ft.
7 total rooms across 1 floor
2 Beds
2 Above Grade
2 Baths
2 Full

Parking

3 Parking Spaces
-

Lot

Size
3107′12″ * 2207′12″
Acres
-

Build

Year Built
2003
Model Name
-
Basement
-
Exterior
Vinyl siding
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Drilled Well
Sewer
Septic System
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Rooms

Bedroom

9′0″ x 12′0″

4pc Bathroom

Bathroom

4pc Bathroom

Bathroom

Primary Bedroom

12′0″ x 16′0″

Living room

12′0″ x 16′0″

Dining room

7′0″ x 9′0″

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Source

Listing Brokerage

MLS® Listing
40627240
Last Updated
August 31, 2024
Brokerage
Re/Max Hallmark Peggy Hill Group Realty Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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