7 - 739 Concession 15

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Description

TRANQUIL BEACHFRONT RETREAT ON GEORGIAN BAY WITH AN INGROUND SALTWATER POOL & INCOME POTENTIAL! Welcome to this charming 1.5-storey cottage in a waterfront beach resort on Georgian Bay! This property offers, at minimum, a potential gross income of $35-$50k 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. The resort features 258 feet of private sandy beach that is shallow and safe for families. This property is not a time-share or co-op but offers the ultimate flexibility and convenience. 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. Enjoy an effortless vacation rental experience, with property maintenance handled through maintenance fees. These fees cover heat (gas), water, water heater, snow and garbage removal, property management fees, upkeep of grounds, and access to the heated saltwater pool. The only additional expenses are hydro and internet, ensuring a hassle-free ownership experience. Don't miss the chance to own this unique and potentially profitable piece of paradise on Georgian Bay. Your tranquil retreat awaits!

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Additional media

https://unbranded.youriguide.com/7_739_concession_rd_15_w_penetanguishene_on/

Property taxes

$1,022.08 per year / $85.17 per month

Condo fees

$521.17

Basement

None

Year build

16-30

Type

Comm Element Condo

Bedrooms

2

Bathrooms

1

Pet rules

Restrict

Parking spots

2.0 Total

Parking types

Owned

Floor

-

Balcony

None

Pool

-

External material

Vinyl Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Other

Fire place(s)

Y

Locker

None

Building amenities

Bbqs Allowed, Outdoor Pool, Visitor Parking