133 Island View Drive Grey Highlands, Ontario N0C 1E0
$1,499,000
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:61852)
Property Details
| MLS® Number | X13466048 |
| Property Type | Single Family |
| Community Name | Grey Highlands |
| AmenitiesNearBy | Beach, Marina |
| Easement | Unknown |
| EquipmentType | Water Heater, Water Heater - Gas |
| Features | Open Space, Flat Site, Level, Carpet Free |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater, Water Heater - Gas |
| Structure | Deck |
| ViewType | Lake View, View Of Water, Direct Water View, Unobstructed Water View |
| WaterFrontType | Waterfront On Lake |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 5 |
| Appliances | Hot Tub, Oven - Built-in, Water Treatment, Water Purifier |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Wood |
| FireProtection | Controlled Entry |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Drilled Well, Shared Well |
Parking
| Detached Garage | |
| Garage |
Land
| AccessType | Private Road, Private Docking |
| Acreage | No |
| LandAmenities | Beach, Marina |
| LandscapeFeatures | Landscaped |
| Sewer | Septic System |
| SizeDepth | 165 Ft |
| SizeFrontage | 80 Ft |
| SizeIrregular | 80 X 165 Ft |
| SizeTotalText | 80 X 165 Ft |
| SurfaceWater | Lake/pond |
Utilities
| Electricity | Installed |
https://www.realtor.ca/real-estate/29927958/133-island-view-drive-grey-highlands-grey-highlands
Interested?
Contact us for more information
Claire Speedie
Salesperson
1300 Yonge St Ground Flr
Toronto, Ontario M4T 1X3
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June 19 2026 03:01:38
Toronto Real Estate Board
Chestnut Park Real Estate Limited