6 - 739 Concession 15 West

Tiny, ON

S8429752

for sale
$789,900

Bedrooms
2
Bathrooms
2
Fireplace
1
households_icons
Pool
Community, Inground

A LUCRATIVE INVESTMENT OPPORTUNITY AWAITS! HIGH-DEMAND BEACHFRONT PROPERTY WITH STUNNING VIEWS!

Waterfront Beach Resort On Crystal Clear Georgian Bay In A High-Demand Summer Rental Area
This Resort Features 258 Feet Of Private Sandy Beach
Accessible Year Round
Not Affected By Current Airbnb By-Laws
Almost Fully Rented For Summer 2024
Great Demand For Winter Tenants (October - May/June)
Incredible Income Potential For The Savvy Investor With Over 5% Cap Rate
Fully Furnished 2 Bedroom & 2 Full Bathrooms - Sleeps 10 People
Open Concept Living Room & Dining Room With Cozy Gas Fireplace & Walkout To Large Deck With Water Views
Primary Bedroom With An Ensuite & A Second Walkout To The Deck
Newer Appliances (Dishwasher 2020, Lg Fridge 2022, Washer, Dryer & Over The Range Microwave 2023)
Shallow Water Entrance Perfect For Young Families
Maintenance Fee Includes Property Tax, Heat (Gas), Water, Snow Removal, Satellite, Upkeep Of Grounds & Heated Salt Water Pool (The Only Additional Expense On Top Of The Maintenance Fee Is Hydro, Which Is Calculated Individually Per Cottage)
Not A Time-Share & Not A Co-Op! Private Beach, Inground Heated Saltwater Swimming Pool & You Can Use Your Unit Whenever You Want!
Property Taxes (2023): $1022.08

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
Private Setting
Treed
Property Details
Parking Total
3
Pool Features
Community
Inground
Property Type
Residential
Other Structures
Deck
View Type
View of Water
Trees
Community Features
Quiet Area
Lake Privileges
Outdoor Pool
Building
Appliances
Dishwasher
Dryer
Gas Stove
Microwave
Refrigerator
Washer
Architectural Style
1.5 Storey
Basement Finish
None
Bathrooms
2
Beds Above Grade
2
Bedrooms
2
Building Type
Residential
Cooling
Central Air Conditioning
Fireplace Fuel
Gas
Fireplace Present
Yes
Number Of Fireplaces
1
Heating Fuel
Natural Gas
Heating
Forced Air
Roof Material
Asphalt Shingle
Sewer
Septic
Stories
2
Water Source
Drilled Well
Land
Acres
Under 1/2 an Acre
Zoning
SC-84
HoodQ
Walk Score
Rooms
Metric
Imperial
LevelTypeLengthWidthDimensions
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
Peggy Hill
Broker
RE/MAX Hallmark Peggy Hill Group Realty Brokerage
Open Houses
Jun 22 2024 12:00 pm to 4:00 pm
Jun 23 2024 12:00 pm to 4:00 pm

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Listing ID: 8851811314
Last Updated: 2024-06-19 17:04:29

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.