6 - 739 Concession 15 W

6 - 739 Concession 15  W
6 - 739 Concession 15  W
6 - 739 Concession 15  W
+17
2
 bed
2
 bath
3
 parking
1000 - 1199
 sqft
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$789,900
Click to open the pre-gallery to get the direction
Maintenance fees
$635.02
Locker
None
Exposure
W
Possession
Pref Closing
Price per sqm
$7,116 - $8,494
Taxes
$1,022.08 (2023)
Outdoor space
None
Age of building
16-30 years old
See what's nearby
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. Dont miss the chance to own this unique and potentially profitable #HomeToStay!

EXTRAS:
Broker: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
MLS®#: S8429752
Property details
Neighbourhood:
Parking:
3
Parking type:
Owned
Property type:
Other
Heating type:
Forced Air
Style:
Other
Ensuite laundry:
Yes
MLS Size:
93-111 sqm
Listed on:
Jun 12, 2024
Show all details
Rooms
NameSizeFeatures
Kitchen
1.1 x 0.7 m
Dining
0.8 x 0.7 m
Living
1.5 x 1.1 m
Prim Bdrm
1.5 x 1.1 m
Bathroom
Unknown
4 Pc Bath
2nd Br
1.1 x 0.8 m
Bathroom
Unknown
4 Pc Bath
Show less
1
BBQ Permitted
1
Outdoor Pool
1
Visitor Parking

Included in Maintenance Fees

1
Heat
Magda Smith
Broker
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: S8429752
Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

About 6 - 739 Concession 15 W

6 - 739 Concession 15 W is a Tiny condo for sale right off Conc 16 to Conc 15 W. This 1000-1199 sqft condo was listed at $789900 in June 2024 and has 2 beds and 2 bathrooms.

For grabbing your groceries, T's Market is a 4-minute drive.

Getting around the area will require a vehicle, as there are no nearby transit stops.