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Description
Exceptional Investment Opportunity 210 Arlberg Crescent, The Blue Mountains. Ideally located within walking distance to Blue Mountain Village, this fully renovated property offers year-round appeal for recreation enthusiasts; golf, skiing, hiking, and biking are all just steps away. Completely updated in 2018, the property features new plumbing, electrical systems, and mechanicals, ensuring turnkey confidence for investors. Currently leased to Blue Mountain Resorts Ltd. for staff accommodation through December 2025, the residence generates a solid Net Operating Income of approximately $10,500 per month. Offering over 3,700 square feet of living space, the home includes 11 bedrooms, 2 kitchens, 2 living areas, dedicated laundry facilities, multiple exterior decks, and parking for numerous vehicles. Designed to comfortably accommodate up to 22 staff members, this spacious property is well-suited for large group living. Zoned STA (Short Term Accommodation), the property offers future flexibility with the potential to be reconfigured into two separate units, one with 6 bedrooms, the other with 5 bedrooms making it an attractive option for high-performing short-term rental income via platforms like Airbnb. This is a rare chance to secure a high-yield, versatile investment in one of Ontario's most popular four-season destinations.
Overview
Property ID:
HML-236083173929
Type:
Investment
Square:
3,711 ft2
Price:
$2,195,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Gas Forced Air Open
ParkingFeatures:
Outside/Surface
YearBuilt:
31-50
TaxAnnualAmount:
4171.49
PossessionDetails:
TBA
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- 3,711 ft2