Blue Mountains, ON L9Y 0M1,210 ARLBERG CRES
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$ 2,195,000
Est. payment | /mo

8 Beds

4 Baths

3,711 SqFt


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$ 2,195,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,711 SqFt

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,711 sqft

Price per Sqft $591

MLS Listing ID X10434871

Style 3-Storey

Bedrooms 8

Annual Tax Amount $4,021

Tax Year 2023

Property 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

Location

Province ON

County Grey County

Community Blue Mountain Resort Area

Area Grey County

Region Blue Mountain Resort Area

City Region Blue Mountain Resort Area

Rooms

Basement Finished, Full

Kitchen 2

Separate Den/Office 3

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Garage Spaces 12.0

Pool None

Roof Type Asphalt Shingle

Lot Depth 190.0

Total Parking Spaces 12

Building

Unit Features Golf

Foundation Concrete Block, Poured Concrete

New Construction false

Listed by Sotheby's International Realty Canada, Brokerage (Collingwood)
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210 ARLBERG CRES