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

133 Island View Drive

Grey Highlands , Ontario

5 2 $1,499,000

Est payment $7,198/mo

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Time on Jump 104 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.

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Purchase Price

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Down Payment:
$ 74,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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

Extras

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

Market Info

Parking 4.00

Listing Brokerage: CHESTNUT PARK REAL ESTATE LIMITED

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Listing Brokerage: CHESTNUT PARK REAL ESTATE LIMITED

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

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