133 Island View Drive, Grey Highlands, ON

$1,499,000

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4

Beds

2

Baths

1,100

Square feet

About 133 Island View Drive

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!

Features of 133 Island View Drive

MLS® # X13466048
Price $1,499,000
Bedrooms 4
Bathrooms 2.00
Square Footage 1100-1500
Type Residential Freehold
Sub-Type Detached
Style 1 1/2 Storey
Status Active

Community Information

Address 133 Island View Drive
Area Grey County
Subdivision Grey Highlands
City Grey Highlands
Province ON
Postal Code N0C 1E0

Amenities

Parking Spaces 4
# of Garages 1
Garages Detached
Is Waterfront Yes
Waterfront Direct
Has Pool Yes
Pool Decommissioned, None

Interior

Heating Forced Air
Cooling None
Fireplace Yes
Basement Finished
Kitchens 1

Exterior

Exterior Board & Batten , Wood

Listing Details

OfficeCHESTNUT PARK REAL ESTATE LIMITED

Listing Map

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