739 W Concession 15 Unit 7, Tiny, Ontario L4M 0J1

$599,900
2
BD
1
BA
500
SqFt
List Price
$599,900
MLS#
S8248610
Status
A
Type
Condo
SubType
Comm Element Condo
Style
Other
Bedrooms
2
Bathrooms
1
Living Area
500-599
Province
Ontario
Municipality
Tiny
Area
Simcoe
Neighborhood
Rural Tiny
Subdivision
Tiny Beaches Rd W/Conc 16 (Lafontaine Rd)/S To Conc 15 W

Property Description

TRANQUIL BEACHFRONT RETREAT ON GEORGIAN BAY WITH AN INGROUND SALTWATER POOL! Welcome to this charming 1.5-storey cottage in a waterfront beach resort on Georgian Bay! 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. This property offers, at minimum, a potential gross income of $35-$50k per year and would make an excellent addition to your rental portfolio.

Additional Information

Taxes
$1,022
Maintenance Fee
521.17
Heat Type
Other
Heat Source
Gas
Air Conditioning
Central Air
Fireplace Stove
Yes
Rooms
4
Family Room
N
Kitchens
1
Exterior
Vinyl Siding
Garage Type
None
Parking Included
Y
Parking Spaces
2
Parking Type
Owned
Zoning
SC-84

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Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY.