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. Dont miss the chance to own this unique and potentially profitable #HomeToStay! (id:55598)
- MLS® 40604510
- Date Listed06/11/2024
- Days on Realty 193 Days
- Bedrooms 2
- Bathrooms 2 baths
- Lot Size -
- Sewer Septic Tank
- Property Type Single Family Residence
- Year Built 2003
- Water Well
- Square Feet 1,100 sq. ft
- Price Per Sq. Ft $718.09
Interior Features
- Appliances Central Vacuum, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas stove(s), Window Coverings
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Sales & Tax History
Source: Public Records
1/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
25/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 23/100.
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Frequently Asked Questions for 739 CONCESSION 15 WEST Unit# 6
Source: Realty.com
739 CONCESSION 15 WEST Unit# 6, Tiny, ON L9M0H7 is a Single Family Residence, Residential property listed for $789,900 The property is 1100 sq. ft with 2 bedrooms and 2 bathrooms
Realty.com has 20 photos of 739 CONCESSION 15 WEST Unit# 6.
Our records indicate that 739 CONCESSION 15 WEST Unit# 6 was built in 2003.
The full address for this home is 739 CONCESSION 15 WEST Unit# 6, Tiny, ON L9M0H7.
739 CONCESSION 15 WEST Unit# 6 has been listed on Realty.com since Tue June 11, 2024
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 23/100.
Listing provided courtesy of:
Re/Max Hallmark Peggy Hill Group Realty Brokerage
(tel: (705) 739-4455)
Listing agent:
Peggy Hill
(tel: (705) 739-4455)
This content last refreshed on 2024-12-21 01:47:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 739 CONCESSION 15 WEST Unit# 6, Tiny, ON L9M0H7 : MLS® 40604510