6 - 739 Concession 15 West
Tiny, ON
A LUCRATIVE INVESTMENT OPPORTUNITY AWAITS! HIGH-DEMAND BEACHFRONT PROPERTY WITH STUNNING VIEWS!
Welcome home to 739 Concession 15 West in Tiny.
This dream waterfront getaway is located in a serene and captivating waterfront beach resort nestled along the shores of the crystal-clear waters of Georgian Bay. Located in a high-demand summer rental area, this property presents an unparalleled opportunity for relaxation and investment.
With 258 feet of private sandy beach, this resort offers the ultimate escape for those seeking tranquillity and natural beauty. Whether you’re lounging on the beach, dipping in the refreshing waters, or enjoying water sports, every day feels like a vacation here.
Boasting almost full occupancy for the upcoming summer season of 2024, this property promises excellent returns on investment with a remarkable 5%+ cap rate. 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. Accessible year-round, this resort is not only a summer paradise but also a haven for winter tenants seeking a cozy retreat from October through May/June. This versatility ensures consistent rental income throughout the year, making it an ideal investment opportunity for the discerning investor.
The fully furnished two-bedroom, two-bathroom home can comfortably accommodate up to 10 guests, making it perfect for family vacations or group getaways. The open-concept living room and dining room are adorned with a cozy gas fireplace, providing warmth and ambiance on cooler evenings. Step outside onto the expansive deck to soak in breathtaking water views and savour the serenity of waterfront living. The primary bedroom features an ensuite bathroom and a second walkout to the deck, offering a private retreat for relaxation.
The resort’s amenities are second to none, with a shallow water entrance perfect for young families, an inground heated saltwater swimming pool, and meticulously maintained grounds. The maintenance fee covers property tax, gas heat, water, snow removal, satellite TV, and the upkeep of the grounds and pool. The only additional expense is hydro, which is individually calculated for each cottage.
Unlike timeshares or co-ops, this property offers true ownership with the freedom to use your unit whenever you desire. Whether you’re seeking a personal retreat, a lucrative investment opportunity, or both, this waterfront beach resort on Georgian Bay embodies the epitome of waterfront living and leisure. This property offers a potential gross income of $45-$60k per year and would make an excellent addition to your rental portfolio.
Notable upgrades include newer appliances, including a dishwasher (2020), LG fridge (2022), washer, dryer, and over-the-range microwave (2023), ensuring modern convenience and functionality.
Own your own piece of paradise at this waterfront #HomeToStay.
#739Concession15WestUnit6
Property Features
Property Details
3
Community
Inground
Residential
Deck
View of Water
Trees
Community Features
Building
Dishwasher
Dryer
Gas Stove
Microwave
Refrigerator
Washer
1.5 Storey
None
2
2
2
Residential
Central Air Conditioning
Gas
Yes
1
Natural Gas
Forced Air
Asphalt Shingle
Septic
2
Drilled Well
Land
Under 1/2 an Acre
SC-84
Walk Score
Rooms
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Main level Kitchen | Kitchen | 3.66m | 2.13m | 2.13m x 3.66m |
Main level Dining room | Dining room | 2.74m | 2.13m | 2.13m x 2.74m |
Main level Living room | Living room | 4.88m | 3.66m | 3.66m x 4.88m |
Main level Primary bedroom | Primary bedroom | 4.88m | 3.66m | 3.66m x 4.88m |
Main level 4pc Bathroom | 4pc Bathroom | |||
Main level 4pc Bathroom | 4pc Bathroom | |||
Second level Bedroom 2 | Bedroom 2 | 3.66m | 2.74m | 2.74m x 3.66m |
Similar Listings
7 - 739 Concession 15 West
Tiny, ON L9M 1R3Last Updated: 2024-08-31 18:59:03
Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence.