For Sale: 9-7 Silver Point Road, Seguin, ON - REW
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$399,000
2 bd • 1 ba • 700 - 1099 sf • House
9-7 Silver Point Road
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$399,000
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9 - 7 Silver Point RoadSeguin, ON, P2A 2W8

  • 2 Bed
  • 1 Bath
  • 700 - 1099 Sqft
  • House

About this home

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 (id:63626)
Listed by: NICOLE BOYD, Broker, Royal LePage Team Advantage Realty

Home facts and features

Price details
List Price
$399,000
Get Pre-Approved
Gross Taxes for 2026
$6,380
Home facts
Bedrooms
2
Full Bathrooms
1
Parking Spaces
2
Parking Details
No Garage
Property Type
House
Lot Size
310 ft x 1020 ft (7.26 acres)
Depth
1020 feet
Frontage
310.0 feet
Title
Freehold
Style
Bungalow
Exterior Finish
Vinyl siding
Heating Type
Propane, Other
Features
Fireplace(s), Irregular lot size, Open space, Rocky, Sloping, Smoke Detectors, Wooded area
Appliances
Water Heater
Agent details
Primary Agent
Primary Broker
Royal LePage Team Advantage Realty
Listing details
Days on REW
71 Days
Property Views
15
MLS® Number
X13647424
Source
Canadian Real Estate Association
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Call Agent
Broker
NICOLE BOYD
Phone:
(705) 746-5844
Cell:
705-773-8365
Office:
705-746-5844
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