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    For Sale - 133 Island View Drive, Grey Highlands, Ontario

    Est payment $7,198/mo
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    Views   3
    Time on Jump  62 day

    AI Summary *

    • Turnkey waterfront property with 80 feet of prime direct lakefront access.
    • Spacious five-bedroom home with a bunkie for extra guests or rentals.
    • Private sandy beach entry perfect for swimming and water sports.
    • Established short-term rental business with strong income performance.
    • Proximity to skiing and snowboarding for year-round outdoor activities.




    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 IDX13466048
    Address133 Island View Drive
    CityGrey Highlands, Ontario
    Price$1,499,000
    Bed / Bath5 / 2 Full
    Style1 1/2 Storey, Detached
    ConstructionBoard & Batten ,Wood
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Built-In Oven, Carpet Free, Water Treatment, Water PurifierOutdoor Features Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled EntryAmenities Beach, Marina, Waterfront, Lake Access, Lake/PondOwnership FreeholdViews Lake, Clear, Forest, Trees/Woods, WaterWaterfront DirectBasement FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Septic

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    Listing Agency:  CHESTNUT PARK REAL ESTATE LIMITED

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    133 Island View Drive
    Grey Highlands , Ontario
    5 2 $1,499,000
    Get more info