Maintenance fees
$521.17
Locker
None
Exposure
W
Possession
Flexible
Price per sqm
$9,286 - $11,304
Taxes
$1,022.08 (2023)
Outdoor space
None
Age of building
16-30 years old
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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!
EXTRAS:
EXTRAS:
Broker: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
MLS®#: S9285072
Property details
Neighbourhood:
Parking:
2
Parking type:
Owned
Property type:
Comm Element Condo
Heating type:
Other
Style:
Other
Ensuite laundry:
No
MLS Size:
46-56 sqm
Listed on:
Aug 30, 2024
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Visitor Parking
BBQ Permitted
Outdoor Pool
Included in Maintenance Fees
Heat