1551 Northern Ave

Introducing a desirable co-ownership resort cottage property located on the east side of Lake Dalrymple. Located just 2 hours north of Toronto, use this charming cottage as your personal seasonal cottage while generating passive-income through the resorts year-round short-term rental program. This 3 bed, 1 bath bungalow offers over 1100sqft of total finished living space and an oversized private deck where you can sip your morning coffee or evening beverage while taking in the breathtaking vistas of Lake Dalrymple. Step inside this charming combined open-concept kitchen, living and dining room areas bathed in natural light and with a fantastic view of the lake. With three cozy bedrooms and a newly renovated bathroom, there's plenty of space for you and your guests to unwind and recharge after a day of outdoor activities. The resort offers fun amenities including boats & kayaks for personal use, an outdoor communal area with a playground, a private dock that provides direct access to the lake for fishing & boating. The on-site convenience store and a restaurant is owned & managed by the resort and surplus profits are redistributed back to the shareholders. Additionally, surplus rental income is also shared amongst all shareholders, making this resort community a one-of-a-kind investment opportunity.

Reduced price, must sell!! Amazing opportunity to grab a low priced lake side cottage just 90 mins away from Toronto. Welcome to beautiful Lake Dalrymple Resort, a co-ownership cottage with beautiful lake views with its own boat slip and a private dock. Amazing amenities include private beach, sport courts, playground, boat rentals & convenience store & Rymple Eatery Restaurant. Fully furnished all season 3 bedroom cottage has 5.3% co-ownership in the resort. Fully renovated interior & exterior in 2020. Rented throughout the year by the resort accommodating owner preferences for personal vacation. Income average $16-18k during the summer & $12k during winter. Fully equipped, all furnishings, boat slip, hydro, water. Short drive to Casino Rama, Orillia and many great fishing lakes. Regular guests throughout the year from the past decades. 4.5 rated Airbnb listing available for winter rentals if more income needed.