For Sale: 133 Island View Drive, Grey Highlands, ON - REW
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$1,499,000
5 bd • 2 ba • 1100 - 1499 sf • House
133 Island View Drive
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$1,499,000
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133 Island View DriveGrey Highlands, ON, N0C 1E0

Rural Grey Highlands
  • 5 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

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! (id:63626)
Listed by: CLAIRE SPEEDIE, Salesperson, Chestnut Park Real Estate Ltd.

Home facts and features

Price details
List Price
$1,499,000
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Gross Taxes for 2026
$5,806
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
4
Parking Details
Garage, Detached Garage
Property Type
House
Depth
165 feet
Frontage
80.0 feet
Title
Freehold
Exterior Finish
Wood
Heating Type
Forced air, Natural gas
Basement Details
Finished,
Features
Carpet Free, Controlled entry, Flat site, Level, Open space
Appliances
Hot Tub, Oven - Built-In, Water Treatment, Water purifier
Community
Agent details
Primary Agent
CLAIRE SPEEDIE
Primary Broker
Chestnut Park Real Estate Ltd.
Listing details
Days on REW
3 Days
MLS® Number
X13466048
Source
Canadian Real Estate Association
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Property Insights

École Communautaire Ernest-Lang
  • n/a
  • K - 8
  • In Catchment
École Saint-Jacques
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  • K - 8
  • In Catchment
Saint Mary's Academy
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  • K - 12
  • In Catchment
Carrefour De La Jeunesse
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  • K - 8
  • In Catchment
Cité Des Jeunes
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  • 9 - 12
  • In Catchment
École Notre-Dame
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  • K - 8
  • In Catchment
Cité Des Jeunes A.-M.-Sormany
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  • 9 - 12
  • In Catchment
École Régionale Saint-Basile
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  • K - 8
  • In Catchment
École Mgr-Matthieu-Mazerolle
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  • K - 8
  • In Catchment
École Régionale Sainte-Anne
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  • K - 8
  • In Catchment
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Salesperson
CLAIRE SPEEDIE
Phone:
(416) 925-9191
Cell:
416.505.0506
Office:
416-925-9191
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