133 Island View Drive, Grey Highlands, ON N0C 1E0
Grey Highlands, ON N0C 1E0
About this property
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 facts & features
- Property type
- Detached
- MLS® number
- X13466048
- Source status
- Price Change
- Bedrooms
- 5
- Bathrooms
- 2
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N0C 1E0
- Parking spaces
- 4
- Garage
- Detached
- Lot depth (source units)
- 165
- Annual property tax
- 5806.06
- Basement
- Finished
- Laundry
- Not provided
- Interior features
- Built-In Oven, Carpet Free, Water Treatment, Water Purifier
- Exterior features
- Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $1,299,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Grey Highlands →Listing brokerage: CHESTNUT PARK REAL ESTATE LIMITED. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13466048. Information deemed reliable but not guaranteed.