Log in Sign up
Back to search Home Countries Unknown Grey Highlands 133 Island View Drive
CAD1,499,000
133 Island View Drive
Grey Highlands
5 beds 2 baths Owner

About this home

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

Property type
Owner
Bedrooms
5
Bathrooms
2
Days on market
11 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

Similar homes nearby

467435 12th Concession B Corners, Grey Highlands, ON, N0C1C0
For Sale
CAD1,575,000
467435 12th Concession B Corners, Grey Highlands, ON, N0C1C0
4 bd 2 ba House/Single Family
Grey Highlands
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Photos coming soon
For Sale
CAD799,000
4 bd 3 ba Owner
Grey Highlands
Photos coming soon
For Sale
CAD647,000
3 bd 2 ba Owner
Grey Highlands
354354 Osprey-Artemesia Townline
For Sale
CAD899,900
354354 Osprey-Artemesia Townline
3 bd 2 ba Owner
Grey Highlands
Photos coming soon
For Sale
CAD874,900
3 bd 2 ba Owner
Grey Highlands
Photos coming soon
For Sale
CAD624,900
4 bd 3 ba Tenant
Grey Highlands
174386 Lower Valley Road, Grey Highlands, ON, N0C 1H0
For Sale
CAD1,299,000
174386 Lower Valley Road, Grey Highlands, ON, N0C 1H0
3 bd 3 ba Detached
Grey Highlands
Listed by CHESTNUT PARK REAL ESTATE
467435 12th Concession B Concession, Grey Highlands, ON, N0C 1C0
For Sale
CAD1,575,000
467435 12th Concession B Concession, Grey Highlands, ON, N0C 1C0
4 bd 2 ba Detached
Grey Highlands
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
CAD1,499,000
5 bd · 2 ba
Contact agent
Listed by agent
Contact this agent
Log in Sign up