One of Georgian Bay's strongest turnkey waterfront investment opportunities. This fully winterized 1.5-storey cottage designed by Paul Lafrance (former HGTV Decked Out host) delivers year-round enjoyment plus proven Airbnb performance of approximately $70,000-$90,000 in annual payouts, representing an approximate 8-9% rental-income yield before operating expenses, financing and taxes. 2026 is tracking toward the higher end of that range, with earnings statements available. Ownership consists of a 1/12 undivided interest in the lands held as tenants-in-common, together with ownership of the cottage and exclusive use rights under a co-owners agreement-providing full use of the cottage plus shared enjoyment of approximately 258 feet of private sandy Georgian Bay shoreline and three acres of maintained waterfront grounds inside an intimate 12-cottage community. Crystal-clear swimming, spectacular sunsets and a heated saltwater inground pool complete the resort-style setting. Bright and guest-ready with updated windows and sliding doors, covered porch with wooden shutters, vaulted living space and generous under-deck storage. Expansion approval is already in place. The confirmed monthly shared-property fee of $587.15 covers gas for stove and fireplace, water, property taxes, septic, grounds and beach maintenance, snow removal, garbage, pool care and property management-only hydro and internet are extra. Minutes from Balm Beach, restaurants and marinas, and convenient to Midland and Barrie, this Shoreline Residential-zoned property offers genuine Georgian Bay sand with demonstrated cash flow and remarkably low day-to-day ownership friction.