$2,195,000 $11,783 est/mo Sourced by Back At You

210 Arlberg Crescent,The Blue Mountains, ON L9Y 0M1

The Blue Mountains ON, L9Y 0M1

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Description

210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month

Details

MLS#40585346
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site66
Listing Provided BySotheby's International Realty Canada, Brokerage (Collingwood) | Matthew Lidbetter

Features

SQ Feet2,661
BasementY
Story(s)3
ZoningRR-131
Acreage0.24
Golf CourseYes
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionGrey
CityThe Blue Mountains
Postal CodeL9Y 0M1
AreaBlue Mountains
SubareaBlue Mountains
Community NameBlue Mountains
Listing VS Median (in Blue Mountains)
Price:
$2,195,000
low | high
Med:
$774,900
100% of Average
SqFt:
2,661
low | high
Med:
1,567
91.131153701616% of Average
$ / SqFt:
$825
low | high
Med:
$515
87.562271298774% of Average
On Site:
66
low | high
Med:
66
100% of Average
Sourced by Back At You
Listing Updated: July 12, 2024 at 4:20:10 PM PDT