369 Balm Beach Road West, Tiny, Ontario, L0L2J0
This retail property in Tiny is for sale offering roughly 3,088 sq ft of space. It has been on the market 41 days, fresher than the Tiny average of 98 days.
Rare opportunity to own a one-of-a-kind waterfront property at 369 Balm Beach Rd W, ideally located on the sandy shores of Georgian Bay. This high-visibility residential/commercial property offers un matched exposure, versatile zoning, and is home to the only beachfront restaurant on Georgian Bay.Currently occupied by a well-established, fully tenanted restaurant (with option to purchase the business), the property also includes a spacious, move-in-ready rear apartment with the potential to convert back into two separate units ideal for generating rental income, Air BnB, or the perfect live/work setup. Zoning permits a wide range of uses including residential, commercial, and mixed-use development. Potential to expand the restaurant, add second-storey apartments or office space, or create a custom dream home with unobstructed beach views. Balm Beach amenities located right at your doorstep, this property benefits from strong seasonal foot traffic, incredible visibility, and stunning sunset views. An exceptional opportunity for investors, developers, or lifestyle buyers. Secure your slice of Georgian Bay today! (id:66096)
Extended: 41 days on market, against an average age of 98 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Tiny has been listed for 41 days, which is 57 days fresher than the city average of 98. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,999,900, about 18.9× the local median household income of $106,000.
Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 269% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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