133 Island View Dr, Grey Highlands, Ontario

House for Sale in Grey Highlands

133 Island View Dr, Grey Highlands, ON

  • CA$1,499,000
  • 4+1 BEDS
  • 2 BATHS
  • CA$1,499,000

House for Sale in Grey Highlands

133 Island View Dr, Grey Highlands, ON

  • CA$1,499,000
  • 4+1 BEDS
  • 2 BATHS
  • CA$1,499,000

Key Facts

  • MLS® #: X13466048
  • Property ID: SIRC3439342
  • Property Type: Residential, Single Family Detached
  • Living Area¹: 1100-1500 sq.ft.
  • Lot Size¹: 80x165 ft.
  • Bedrooms: 4+1
  • Bathrooms: 2
  • Parking Spaces: 4
  • Listed By:
  • CHESTNUT PARK REAL ESTATE LIMITED

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!

Listing Agents

CHESTNUT PARK REAL ESTATE LIMITED

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Location

133 Island View Dr, Grey Highlands, Ontario, N0C 1E0 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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