64 Days on Market

739 Concession 15 West #7, Tiny, Ontario L9M 0H7

$550,000
Get pre-approvedPowered by Rocket Mortgage
Detached
2
1
~550 sqft

Contact us about this property

Call

Highlights

Estimated Value$416,000*

Price/Sqft$1,000/sqft

Days On Market64 days

Est. Mortgage$2,362/mth

Tax Amount (2023)$1,022/yr

*Last updated on: 24/08/15

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!


Property Details

Style1.5 Storey
ViewBeach, Trees/Woods
Age of property2003
SqFt~550 SqFt
Lot Size47,593 Ac(184 x 258.66)
Parking Spaces2
MLS ®Number40604975
Community NameTiny
Data SourceITSO

Features

Heating: Fireplace-Gas

Main Floor

Living Room

4.75 x 3.38

Fireplace

Bathroom

4-Piece

Kitchen

2.31 x 2.13

Bedroom

3.63 x 2.31


Features

Lot size: 47,593 Ac
Pool: Community, In Ground, Salt Water
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
ListedFor Salefor$550,000Active
64 days on market
Listing by itso®
history photo preview17
Sign Up

Have an account?Log In

Property listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Schools and amenities

Estimated Budget