133 Island View Drive,Grey Highlands, ON N0C 1E0
Grey Highlands, ON N0C 1E0
Description
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!
Details
| MLS # | X13466048 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 117 |
| Listing Provided By | CHESTNUT PARK REAL ESTATE LIMITED | X13466048 044700 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.30 |
| Water Front | Direct |
| Property View | Lake, Clear, Forest, Trees, Woods, Wa |
Interior
| Interior Features | Built-In Oven, Carpet Free, Water Treatment, Water Purifier |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Block |
| Topography | Flat, Level, Open Space |
| Water View | Direct, Unobstructive |
| Waterfront Features | Beach Front |
| View | Lake, Clear, Forest, Trees/Woods, Water |
| Construction Materials | Board & Batten , Wood |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Septic |
|---|
Taxes
| Tax Annual Amount | 5806.06 |
|---|---|
| Tax Legal Description | LT 48 RCP 834 ARTEMESIA ; T/W GS36047; GREY HIGHLANDS |
| Tax Year | 2025 |
Other
| Docking Type | Private |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Grey County |
| City | Grey Highlands |
| Postal Code | N0C 1E0 |
| Area | Grey Highlands |
| Listing VS Median (in N0C 1E0) | |
Price: $1,499,000 low | high Med: $447,500 On site: 117 low | high Med: 14 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Grey County |
| City | Grey Highlands |
| Postal Code | N0C 1E0 |
| Area | Grey Highlands |
| Listing VS Median (in N0C 1E0) | |
Price: $1,499,000 low | high Med: $447,500 On site: 117 low | high Med: 14 | |