133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
133 ISLAND VIEW DRIVE, Grey Highlands, ON N0C1E0
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Roshan Basnet

Roshan Basnet

+1(647) 818-7373
$ 1,499,000
Est. payment | /mo

5 Beds

2 Baths

1,100 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $1,362

Subdivision Grey Highlands

MLS® Listing ID X13466048

Bedrooms 5

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province ON

Lake Name Eugenia Lake

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features Yes

View Y/N Yes

View Lake view, View of water, Direct Water View, Unobstructed Water View

Attached Garage No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1.5

Sewer Septic System

Water Eugenia Lake

Others

Ownership Freehold

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Listed by CHESTNUT PARK REAL ESTATE LIMITED
Roshan Basnet

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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133 ISLAND VIEW DRIVE