133 Island View Drive, Grey Highlands, ON N0C 1E0
Grey Highlands, ON, N0C 1E0 · Grey Highlands
About this property
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!
Features & Amenities
- Basement: Finished
- Garage: Detached
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 1/2 Storey
- Construction: Board & Batten , Wood
- Sewer: Septic
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 1 1/2 Storey |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Basement | Finished |
| Garage | Detached |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Septic |
| Annual Tax | $5,806 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Built-In Oven, Carpet Free, Water Treatment, Water Purifier
- Fireplace
- Yes
Exterior Features
- Exterior Features
- Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry
- Pool Features
- Decommissioned, None
- Waterfront
- Yes
- Waterfront Features
- Beach Front
Building & Construction
- Architectural Style
- 1 1/2 Storey
- Construction Materials
- Board & Batten , Wood
- Foundation Details
- Block
- Roof
- Asphalt Shingle
- Basement
- Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 165.00
- Lot Width
- 80.00
Community & Neighborhood
- Property Features
- Beach, Marina, Waterfront, Lake Access, Lake/Pond
Financial & Tax
- Tax Annual Amount
- $5,806
- Tax Year
- 2025
- Possession Type
- 1-29 days
Utilities & Services
- Sewer
- Septic
- Water Source
- Drilled Well, Shared Well
Room Details
- Rooms Above Grade
- 8
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Owner
- Direction Faces
- North
- County Or Parish
- Grey County
- Cross Street
- Island View and Paradise Lane
- Directions
- Side Road 30 and 8th Concession Road
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
133 Island View Drive, Grey Highlands, ON N0C 1E0, Grey Highlands, ON, N0C 1E0