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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
2
Bathrooms
2
Lot
259 x 184 ft
Amenities Nearby
Beach, Golf Nearby, Marina, Playground, Schools, Shopping
Community Features
Quiet Area, School Bus
Equipment
None
Features
Cul-de-sac, Crushed stone driveway, Country residential
Listing Contract Date
2024-06-11
Location Description
Tiny Beaches Rd W/Conc 16 (LaFontaine Rd)/S to Conc 15 W
Ownership Type
Other, See Remarks
# of Parking Spaces
3
Pool
Inground pool
Property Type
Single Family
Rental Equipment
None
Transaction Type
For sale
Views
Lake view
Waterfront Type
Waterfront
Waterfront Name
Georgian Bay
Zoning Description
SC-84
Building
Appliances
Central Vacuum, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas stove(s), Window Coverings
Basement Type
None
Constructed Date
2003
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Fire Protection
Smoke Detectors
Fireplace Present
Yes
# of Fireplaces
1
Fixture
Ceiling fans
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
House
Utility Water
Drilled Well
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
12'0'' x 9'0''
4pc Bathroom
Main level
Measurements not available
4pc Bathroom
Main level
Measurements not available
Primary Bedroom
Main level
16'0'' x 12'0''
Living room
Main level
16'0'' x 12'0''
Dining room
Main level
9'0'' x 7'0''
Kitchen
Main level
12'0'' x 7'0''
Land
Total Size
3.03 acres
Access Type
Road access
Acreage
Yes
Amenities
Beach, Golf Nearby, Marina, Playground, Schools, Shopping
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