6 - 739 Concession 15 West

6 - 739 Concession 15 West
6 - 739 Concession 15 West
6 - 739 Concession 15 West
+22
2
 bed
2
 bath
3
 parking
65535
 sqft *
Detached
* This unit size is calculated from property.ca data
$769,900
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$769,900
* This unit size is calculated from property.ca data
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Size
65535 sqft
Lot size
4421.53 sqm
Street frontage
S
Possession
-
Price per sqm
$126
Taxes
$1,022.08 (2023)
Parking Type
-
Style
1.5 Storey
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Description
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. Don’t miss the chance to own this unique and potentially profitable #HomeToStay!
Broker: Re/Max Hallmark Peggy Hill Group Realty Brokerage
MLS®#: 40627240
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Fireplace-
Style:
1.5 Storey
MLS Size:
102 sqm
Lot front:
78.64 M
Lot depth:
56.08 M
Listed on:
Jul 30, 2024
Show all details
1
Pool
1
BBQ Permitted
1
Satellite Dish
Samuel Toby
Sales Representative
© Property.ca Inc., Brokerage
MLS#: 40627240
Listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage

About 6 - 739 Concession 15 West

6 - 739 Concession 15 West is detached house which was for sale. Listed at $769900 in July 2024, the listing is no longer available and has been taken off the market (Unavailable). 6 - 739 Concession 15 West has 2 beds and 2 bathrooms.

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