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10 - 739 CONCESSION 15 ROAD W, Tiny, Ontario

$998,800

2 bed · 1 bath

MLS® S14155498

One of Georgian Bay's rarest waterfront investment opportunities! Offered at $998,800, this fully winterized, turnkey cottage, designed by Paul Lafrance, former HGTV Decked Out host, offers year-round enjoyment and proven Airbnb earnings. At the asking price, annual Airbnb payouts of $80,000-$90,000 would represent an approximate 8.0%-9.0% rental-income yield before operating expenses, financing and taxes. Earnings statements available. Set within an intimate 12-cottage community, enjoy approximately 258 feet of private, shared sandy Georgian Bay shoreline, crystal-clear swimming, spectacular sunsets and approximately 3 acres of maintained waterfront grounds. The unique ownership model combines full ownership of your cottage with a shared interest in the beachfront property, offering a compelling alternative to the cost of comparable standalone Georgian Bay waterfront. Bright and guest-ready, this 1.5-storey cottage features updated windows and sliding doors, a covered porch with charming wooden shutters, and generous storage underneath the deck. A heated saltwater inground pool and maintained grounds complete the resort-style experience. The monthly shared-property fee of $587.15 includes gas for the stove and fireplace, water, property taxes, septic, grounds maintenance, snow removal, garbage collection, beach and pool maintenance, and property management. Only hydro and internet are additional. Minutes from Balm Beach, restaurants and marinas, and convenient to Midland and Barrie, this is a rare opportunity to enjoy Georgian Bay waterfront ownership while benefiting from a demonstrated vacation-rental income stream. (id:56426)

KAMILA ROSE

Listed by RE/MAX CROSSTOWN REALTY INC.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
12,966
Median household income
$88,000
Median home value
$695,000
Owner-occupied
92%
Homes for sale
274
Median list price
$659,450

Source: Statistics Canada 2021, LiveBy

Map of Tiny
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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