ONGrey CountyGrey Highlands133 Island View Drive
133 Island View Drive
Interior view
Interior view
29
New
Detached

133 Island View Drive

Grey Highlands, ON, N0C 1E0

Residential Freehold
Area
1100-1500 sq.ft
Bed
5
Bedrooms
Bath
2
Bathrooms
Parking
4
Single Garage

Asking Price

$1,499,000

Property Description

Original Remarks

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!

PROPERTY HISTORY

133 Island View Drive

Type:Detached
Style:1 1/2 Storey
Size Range:1100-1500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13466048
Community:Grey Highlands
Days on Market:-
Year Built:-
Age range:-
Basement:Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$5,806.06/yr (2025)
Municipality:Grey Highlands
Lot Size:80.00 x 165.00 Feet

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