For Sale

133 Island View Drive

$1,499,000
Grey Highlands, Ontario N0C 1E0 · MLS® X13466048 · Updated 1d ago
133 Island View Drive, Grey Highlands, ON N0C 1E0
1 / 29 photos
5
Bedrooms
2
Bathrooms
Sq Ft
4
Parking

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 Information

Type
Residential Freehold
Style
Detached
Architectural Style
1 1/2 Storey
Lot Size
80 × 165 ft
Direction Faces
North
Bedrooms
5 (4 + 1)
Kitchens
1
Parking
4 total · Detached
Cross Street
Island View and Paradise Lane
Postal Code
N0C 1E0
Occupancy
Owner
Possession
1-29 days
MLS#
X13466048
Listing Office
CHESTNUT PARK REAL ESTATE LIMITED

Building Details

Construction
Board & Batten , Wood
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
None
Basement
Finished
Fireplace
Yes
Laundry
Lower Level
Pool
Decommissioned, None
Elevator
No
Waterfront
Yes

Features & Amenities

Interior
Built-In OvenCarpet FreeWater TreatmentWater Purifier
Exterior
Hot TubDeckLandscapedRecreational AreaYear Round LivingControlled Entry
Property
BeachMarinaWaterfrontLake AccessLake/Pond
View
LakeClearForestTrees/WoodsWater

Financials & Fees

Annual Property Tax
$5,806.06 (2025)

Inclusions & Exclusions

Inclusions

As per Schedule B

Exclusions

As per Schedule B

Location

Listing courtesy of:CHESTNUT PARK REAL ESTATE LIMITED

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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