Home Details for 11 Dawson Drive 707

SHORT-TERM RENTAL WITH RARE GRANDFATHERED STATUS | PROVEN $35,961 ANNUAL REVENUE. Unlock a rare, high-margin asset in Collingwood's regulated short-term rental market. Known as the "Collingwood Cash-Flow King," this 2-bedroom, 1-bathroom suite at Alpine Cedars is a turnkey business with documented 4-season demand. While the market average for a 2-bedroom unit sits near $20k, this meticulously managed unit produced $35,961 in 2025, outperforming the market median by over 80%. INVESTOR MATH This property offers a remarkable ~8.1% Cap Rate, far exceeding the 5% market average. Investors will appreciate the diversified revenue stream; 2025 saw massive surges in August ($4,918) and October ($4,404), proving this is a year-round powerhouse, not just a winter play. Secure a "Legal Goldmine" in Collingwood's highly restrictive rental market. holds a prestigious and rare "grandfathered" status, allowing for Non-Owner-Occupied Short-Term Accommodations. Unlike almost every other condo in Collingwood or Cranberry, this property is exempt from annual STA license fees and is protected from the tightening municipal bylaws that prevent nightly rentals in other developments. This is a bulletproof investment in a market where such rights are nearly impossible to find. Cost Savings: Grandfathered status means no annual STA license payments to the town. LIFESTYLE & LOCATION: For the lifestyle buyer, this is a turnkey retreat. The cozy, fully furnished property is minutes from the slopes of Blue Mountain, the Georgian Bay shoreline, golf, and downtown Collingwood's boutiques and dining. Enjoy the unit for your family's ski season and let the "Summer Surge" of Collingwood tourism fund your lifestyle. Sold fully furnished-start earning Day 1. Whether you are looking to diversify your portfolio with a high-yield asset or seeking a vacation home that generates high income, this represents the gold standard of Collingwood real estate. Don't just buy a condo; buy a proven business. (id:31684)

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