101 - 796468 GREY ROAD 19 ROAD, Blue Mountains, Ontario, L9Y0N6
Next Open House: February 22
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February 22
INVESTOR ALERT: 8.96% CAP RATE & SKI-IN/SKI-OUT ACCESS. Secure a high-performance, turn-key asset in the heart of North Creek Resort. This rarely available ground-floor "True One-Bedroom" suite offers a distinct living area for enhanced privacy and superior rental appeal compared to standard studios. A proven revenue powerhouse, this unit generated $34,938.49 in NET revenue for 2025, with a staggering $11,377.40 earned in Q1 alone, capturing the absolute peak of the ski season. With a stellar 4.8-star Airbnb rating and 251 reviews, this is a "Day 1" ready investment.The suite shows beautifully with premium upgrades, including granite countertops, extra kitchen storage, new flooring, and a cozy fireplace. Sold fully furnished with a newer stove and dishwasher, the sale also includes a Quick Start Guide for Self-Management to maximize your margins. Positioned for both lifestyle and income, you are steps from the North Chair for ski-in/ski-out access and moments from year-round hot tubs, a seasonal pool, North Winds Beach, and the on-site "Indian Spice" restaurant. A free shuttle service stops at your door for effortless access to Blue Mountain Village shopping and dining.Financial Highlights: 8.96% Cap Rate (nearly double the Ontario average of 4.4%-5.1%). Condo fees ($606.66/month) include water and basic cable; Hydro approx. $110/month. HST is applicable but deferrable for registrants. 0.5% BMVA fee on the total sale payable on closing by the Buyer. Whether adding to a luxury portfolio or seeking a four-season retreat that pays for itself, Unit 101 offers a high-ADR profile at an accessible entry point. Don't miss the best-performing 1-bedroom layout in Ontario's premier resort market. (id:2471)
Royal LePage Locations North (Thornbury) Brokerage
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- Property Address: 101 - 796468 GREY ROAD 19 ROAD, Blue Mountains, Ontario, L9Y0N6
- Community Name: Blue Mountains
- Property Type: Single Family
- Zoning Description: C-34
- Title: Condominium/Strata
- Driveway: No Garage
- Total Parking Spaces: 1
- Maintenance Fee: 606.00
- Amenities Nearby: Beach, Ski area, Golf Nearby, Park
- Structure Style: Apartment
- Storeys: 2
- Floor Space: 500 - 599 sqft
- Building Age: 31 to 50 years
- Bedrooms: 1
- Bathrooms: 1-Total
- Basement Type: None
- Cooling: Wall unit
- Exterior Type: Wood
- Fireplace Present: True
- Foundation Type: Block
- Appliances Included: Water Heater, Water meter, Dishwasher, Furniture, Stove, Window Coverings, Refrigerator
- Structures: Tennis Court, Deck
- View: Mountain view, Valley view
- Hillside
- Wooded area
- Lighting
- Balcony
- Mountain
- Laundry- Coin operated
- Pets Allowed With Restrictions
| Type | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.5 m x 3.66 m |
| Kitchen | Main level | 2.87 m x 2.49 m |
| Primary Bedroom | Main level | 3.05 m x 3.81 m |
| Bathroom | Main level | 1.05 m x 2 m |
Listing Office: Century 21 Millennium Inc.
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