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    For Sale - 7 Silver Point Road Unit# 9, Seguin, Ontario

    Est payment $1,916/mo
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    Views   3
    Time on Jump  71 day

    AI Summary *

    • Income-producing waterfront opportunity on beautiful Silver Lake.
    • Ownership structured to share expenses and maintenance responsibilities.
    • Established rental history with approximately $24,000 annual income.
    • Direct lake access with sandy shoreline and private dock.
    • Professionally managed for reduced day-to-day responsibilities.




    Income-producing waterfront opportunity on beautiful silver lake. This cottage presents a different approach to recreational real estate-combining year-round personal enjoyment with proven income potential. Ownership is structured through the purchase of shares in the corporation that owns the resort. Rather than taking on the full cost and responsibility of a traditional standalone cottage, owners share many of the major expenses and maintenance obligations through the cooperative structure. For buyers who understand alternative real estate ownership, this offers a practical, lower-maintenance way to participate in waterfront property. Built in 2013, the well-maintained 2-bedroom, 1-bathroom cottage is suitable for year-round use and has an established rental history. Current rental income is approximately $24,000 annually, representing an approximate 6% gross yield based on the $400,000 asking price, with rental demand extending beyond the summer season. Monthly maintenance fees are $800mth and cover many of the significant ongoing ownership expenses, including property taxes, insurance, internet, cable, waste removal, landscaping, water, septic maintenance and care of the resort grounds. Professional management further reduces the day-to-day responsibilities typically associated with cottage and short-term rental ownership. When you're using the property yourself, the setting delivers everything you would expect, including a sandy shoreline, private dock, direct lake access, swimming, boating and four-season recreation. For an investor, entrepreneur or recreational-property buyer looking beyond the conventional cottage model, this is an opportunity to acquire an interest in an established waterfront resort community with a proven rental history, year-round income potential and significantly reduced maintenance responsibilities. Annual income | year-round use | cooperative ownership | professionally managed
    Listing IDX13647424
    Address7 Silver Point Road Unit# 9
    CitySeguin, Ontario
    Price$399,000
    Bed / Bath2 / 1 Full
    StyleBungalow, Detached
    ConstructionVinyl Siding
    Land Size4.72
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Primary Bedroom - Main Floor, Water HeaterOutdoor Features Deck, Porch, Recreational Area, Seasonal Living, Year Round LivingAmenities Beach, Lake Access, Park, WaterfrontOwnership FreeholdViews Lake, WaterWaterfront DirectBasement NoneFoundation Concrete BlockHeating / Cooling OtherHeating Fuel PropaneSewer Septic

    Parking 2.00
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    Listing Brokerage: Royal LePage Team Advantage Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    7 Silver Point Road Unit# 9
    Seguin , Ontario
    2 1 $399,000
    Get more info