6 - 739 Concession 15
Rural Tiny | Tiny
$769,900.00
Listed 2 months ago
- 2 bed
- 2 bath
- 1000-1199 sqft
- 3.0 parking
- Other
Instant Estimate
$702,958
-$66,942 compared to list price
Upper range
$891,202
Mid range
$702,958
Lower range
$514,713
Property history
- Now
- Listed on Jul 30, 2024
Listed for $769,900.00
70 days on market
- Jun 11, 2024
- 4 months ago
Terminated
Listed for $789,900.00 • about 2 months on market
- Feb 22, 2024
- 8 months ago
Terminated
Listed for $789,900.00 • 4 months on market
Location & area
Schools nearby
Home Details
- Description
- 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!
- Additional media
- -
- Property taxes
- $1,022.08 per year / $85.17 per month
- Condo fees
- $635.02
- Basement
- None
- Year build
- 16-30
- Type
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Pet rules
- Restrict
- Parking spots
- 3.0 Total
- Parking types
- Owned
- Floor
- -
- Balcony
- None
- Pool
- -
- External material
- Vinyl Siding
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Forced Air
- Fire place(s)
- Y
- Locker
- None
- Building amenities
- Bbqs Allowed, Outdoor Pool, Visitor Parking
- Main
- Kitchen
- 12’0” x 6’12”
- Dining
- 8’12” x 6’12”
- Living
- 16’0” x 12’0”
- Prim Bdrm
- 16’0” x 12’0”
- Bathroom
- 0’0” x 0’0”
- Bathroom
- 0’0” x 0’0”
- 2nd
- 2nd Br
- 12’0” x 8’12”
Listing Brokerage
- MLS® Listing
- S9232354
- Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
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