133 Island View Drive, Grey Highlands, Ontario N0C 1E0

Listed for:
$1,499,000
5 beds
2 baths
Listed 12 days ago
House for rent: 133 Island View Drive, Grey Highlands, Ontario N0C 1E0

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About

Cross Streets: Island View and Paradise Lane. ** Directions: Side Road 30 and 8th Concession Road. 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:27476)

Property Highlights

MLS® Number
X13466048
Type
Single Family
Community Name
Grey Highlands
Ownership Type
Freehold
Land Size
80 x 165 FT
Parking Space Total
4

Building

Building Type
House
Storeys
1.50
Square Footage
1100 - 1500 sqft
Bathrooms Total
2
Bedrooms Above Ground
4
Bedrooms Total
5
Amenities
Beach, Marina
Exterior Finish
Wood
Fireplace Present
Yes
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Drilled Well, Shared Well
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
CHESTNUT PARK REAL ESTATE LIMITED
MLS® number:
X13466048
Agent:
Claire Speedie
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