$998,800
Tiny
#10 739 Concession 15 Road West, Tiny, Ontario, L9M1S4
This 2-bedroom, 1-bathroom home in Tiny is for sale offering roughly 350 sq ft of space. It has been on the market 0 days, fresher than the Tiny average of 99 days.
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:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 99 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 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Tiny has been listed for 0 days, which is 99 days fresher than the city average of 99. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $998,800, about 13.1× the local median household income of $76,000.
Carrying it typically needs a household income of about $195,101 (20% down, 25-yr amortization, stress-tested) — roughly 157% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9M)
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