101 - 796468 Grey Road 19 Road, Blue Mountains, Ontario L9Y 0N6

Listed for:
$389,900
1 beds
1 baths
Listed 17 days ago
Apartment for rent: 101 - 796468 Grey Road 19 Road, Blue Mountains, Ontario L9Y 0N6

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About

Cross Streets: Hwy 26 to Grey Road 19 to Toronto Ski Club to North Creek Resort. ** Directions: Hwy 26 to Grey Road 19 to Toronto Ski Club to NorthCreekResort. 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:27476)

Property Highlights

MLS® Number
X12739068
Type
Single Family
Community Name
Blue Mountains
Maintenance Fee
606.66
Ownership Type
Condominium/Strata
Parking Space Total
1

Building

Building Type
Apartment
Storeys
2.00
Square Footage
500 - 599 sqft
Bathrooms Total
1
Bedrooms Above Ground
1
Bedrooms Total
1
Amenities
Visitor Parking, Fireplace(s), Storage - Locker Beach, Ski area, Golf Nearby, Park
Exterior Finish
Wood
Fireplace Present
Yes
Basement Type
None
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Wall unit

Location

Learn more about this property
Listing provided by:
Century 21 Millennium Inc.
MLS® number:
X12739068
Agent:
Eva Landreth
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