796468 Grey Road 19 Road 101, Blue Mountains, ON L9Y 0N6 (Hwy 26 to Grey Road 19 to Toronto Ski Club to North Creek Resort)
$ 389900 - MLS : X12739068

From Our Gallery

Description

SKI/IN SKI OUT TURN KEY STA $34k GROSS REVENUE. Rarely available ground-floor "True One-Bedroom" suite at North Creek Resort, offering a separate living area for enhanced privacy and superior rental appeal. This unit is a high-performing turnkey asset, generating $34,419.32 in gross revenue for 2025, with a strong $11,377 in the first three months of 2025 alone, capturing the absolute peak of the ski season. The condo shows beautifully with premium upgrades: granite countertops, extra kitchen storage, new flooring, and a cozy fireplace. Sold fully furnished, including a newer stove and dishwasher, making it ready for guest check-in on Day 1. A Quick Start Guide for Self-Management. Exceptional location for both lifestyle and income: steps from the North Chair for ski-in/ski-out access, and moments from the year-round hot tubs, seasonal outdoor pool, North Winds Beach, golf, and the popular on-site restaurant, The Indian Spice. A free shuttle service stops at your door, connecting guests to the dining and shopping of Blue Mountain Village in minutes. Investor Highlights: Revenue: $34,419.32 (2025 Gross). CAP RATE: 5.67% Ontario Average Condo Cap Rates: 4.4%-5.1% Financials: Condo fees ($606.66/mo) include water and basic cable. Hydro approx. $110/mo. Closing: HST is applicable but deferrable for registrants. 0.5% BMVA fee payable on closing by Buyer. Whether adding to a luxury portfolio or seeking a personal four-season retreat that pays for itself, Unit 101 offers a high-ADR profile at an accessible entry point. Don't miss this unique 1-bedroom layout in Ontario's premier resort market.

Location Description

Hwy 26 to Grey Road 19 to Toronto Ski Club to North Creek Resort

Property Detail

Facts and Features

Amenities

Listing Contracted With: Century 21 Millennium Inc.