7-739 Concession 15 For Sale

Tiny, Rural Tiny, L4M 0J1

$599,900

Description

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY.

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.

Location

View Map

Address: 7-739 Concession 15
Neighborhood: Rural Tiny
City: Tiny
State: Ontario
Postal Code: L4M 0J1

Property Video

Property Details

Property ID: S8248610
Property Price: $599,900
Style: Comm Element Condo, Other
Sq/Ft: 500-599
Rooms: 4
Bedrooms: 2
Bath: 1
Parking Spaces: 2
Year Built: 16-30
A/C: Central Air
Den: N
Exterior: Vinyl Siding
Heating: Other
Fireplace: Y
Taxes: $1,022.08 (2023)
Condo Corp.: .
Condo Corp #: 0
Exposure: W
Locker: None
Parking Type: Owned
Pets: Restrict
Property Manager: .
# of stories: .
Heat Incl.: Y
Parking Incl.: Y
Maintenance: 521.17
Ammenities: Bbqs Allowed, Outdoor Pool, Visitor Parking

Room details and dimensions

Kitchen

Size: 4.92
Width: 2.13
Length: 2.31

Living

Size: 16.05
Width: 3.38
Length: 4.75

Size: 8.39
Width: 2.31
Length: 3.63

Statistics for similar Comm Element Condo condos in Rural Tiny

The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Comm Element Condo condos in Rural Tiny

The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.