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$1,499,000
93 Days On Site

133 ISLAND VIEW DRIVE
Grey Highlands, ON N0C 1E0

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
Call Now: 519.270.3880
Is this the listing for you? We can help make it yours.
519.270.3880
133 ISLAND VIEW DRIVE133 ISLAND VIEW DRIVE133 ISLAND VIEW DRIVE133 ISLAND VIEW DRIVE
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Monthly Payment (Est.)

$6,839
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TURNKEY WATERFRONT INVESTOR & LIFESTYLE OPPORTUNITY! Welcome to 133 Island View Drive, a premier 4-season waterfront property on sought-after Lake Eugenia. Perfectly situated on an expansive lot with 80 feet of prime direct frontage, this winterized five bedroom sanctuary (including a bunkie with electricity) boasts a rare, coveted sandy beach entry-ideal for family swimming and water sports. Experience the ultimate year-round lifestyle: premier motorized boating, wakeboarding, and bass fishing in the summer; world-class skiing, snowboarding, and snowshoer trails at the nearby Beaver Valley Ski Club and Blue Mountain all winter long. Beyond a private retreat, this property is a highly successful, established short-term rental business operating since March 2022. Backed by verified performance figures in the attached document, the property achieved a 2024 peak gross of $76,653 and boasts a lean, incredibly stable annual cost structure (~$30k-$32k/year). The historic 3-year average net income sits at $35,071, despite the current owners heavily restricting dates for personal use. Unlock massive untapped revenue potential! By reclaiming owner-reserved inventory-opening the winter ski season and peak summer weeks to the market-pro forma projections show a Full-Availability Gross Potential of ~$94,750 and an Estimated Net Income Potential of ~$57,000+. Complete with a winterized hot tub, this property comes with the option to retain the highly experienced local co-host for an entirely hands-off, seamless transition. Live in luxury, enjoy effortless cash flow, or do both. Your turnkey Grey Highlands oasis awaits! (id:31684)

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Listing Snapshot
Price 
$1,499,000
Days On Site 
93 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
X13466048
Status 
Active
Property Tax 
$5,806.06
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Foundation 
Block
Garage 
Yes
Number Of Stories 
1
Parking 
GarageDetached
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Water Source 
WellShared Well
Interior Features
Appliances 
Water Purifier
Basement 
Finished
Fireplace 
Yes
Heating 
Forced AirNatural Gas
Spa 
Yes
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Level
Spa 
Yes
View 
WaterLake
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
WaterLake

Listing courtesy of: CLAIRE SPEEDIE of CHESTNUT PARK REAL ESTATE LIMITED

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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