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Erika Plumb

erika@plumbproperties.ca +1(647) 696-6226

$ 1,499,000

Est. payment | -/mo

5 Beds

2 Baths

Save

$ 1,499,000

Est. payment | -/mo

Save

5 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Grey Highlands

MLS Listing ID X13466048

Style 1 1/2 Storey

Bedrooms 5

Annual Tax Amount $5,806

Tax Year 2025

Property Sub-Type Detached

Property 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!

Location

Province ON

County Grey County

Area Grey County

Body of Water Eugenia Lake

Rooms

Family Room No

Basement Finished

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Built-In Oven, Carpet Free, Water Treatment, Water Purifier

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry

Parking Features Private

Garage Spaces 1.0

Pool Decommissioned, None

Waterfront Description Direct

View Lake, Clear, Forest, Trees/Woods, Water

Roof Type Asphalt Shingle

Topography Flat,Level,Open Space

Road Frontage Private Road

Lot Frontage 80.0

Lot Depth 165.0

Total Parking Spaces 4

Building

Unit Features Beach,Marina,Waterfront,Lake Access,Lake/Pond

Foundation Block

Others

ParcelsYN No

Listed by CHESTNUT PARK REAL ESTATE LIMITED

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 696-6226

erika@plumbproperties.ca

4711 Yonge St 10th floor, Toronto, ON, M2N6K8, CAN

133 Island View DR Grey Highlands, ON N0C 1E0

Erika Plumb

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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133 Island View DR