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$1,499,000
Ontario,Grey Highlands
For Sale Active
133 ISLAND VIEW DRIVE, Grey Highlands, Ontario N0C1E0
  • 5
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

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! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13466048
  • Price: $1,499,000
  • Bedrooms: 5
  • Bathrooms: 2
  • View: Lake view, View of water, Direct Water View, Unobstructed Water View
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: CHESTNUT PARK REAL ESTATE LIMITED
  • Property Sub Type: Single Family
  • Office Key: 51236
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, N/A
  • Parking: Detached Garage, Garage
  • Exterior Features: Wood
  • Sewer: Septic System
  • Utilities: Electricity
  • Waterfront Features: Waterfront on lake
Address Map
  • Location: CA, Ontario, Grey Highlands, N0C1E0
  • Street: Island View
  • Street Number: 133
  • Street Suffix: Drive
  • Longitude: W81° 30' 7.4''
  • Latitude: N44° 19' 5.5''
Additional Information
  • Water Body Name: Eugenia Lake
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 80 x 165 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 5806.06
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Listing updated: 2026-07-24 06:29:48
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Listing Information
  • List Agent Key: 1588080
  • List Office Key: 51236
  • Modification Timestamp: 2026-07-06T17:40:21Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-06T17:39:32Z
Powered by REALTOR.ca
Listing updated: 2026-07-24 06:29:48
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