210 ARLBERG Crescent, THE BLUE MOUNTAINS

2024-05-09
 

Quick Summary

Location
210 ARLBERG Crescent, THE BLUE MOUNTAINS, Ontario L9Y0M1
Price
$2,195,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3711ft2
Bedrooms:
8 bed +3
Bathrooms:
4

MLS®#40585966

Property Description

210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Nearby

Building

  • Architectural Style: 3 Level
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Semi-detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Stucco
  • Fireplace: No
  • Interior Size: 3711 sqft
  • Building Type: House
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Cul-de-sac

Land

  • Land Size: 0.235 ac|under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: RR-131

Information entered by Sotheby's International Realty Canada, Brokerage (Collingwood)
Listing information last updated on: 2024-06-18 16:49:27


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Kevin Boughen Sales Representative

Phone:
(416) 509-4047
Email:
onepercentatblue@gmail.com
Support Area:
Collingwood, Blue Mountain, The Blue Mountains, Thornbury, Meaford, Wasaga Beach, Stayner

Kevin Boughen is a Licensed Real Estate Sales Representative with One Percent Realty Ltd Brokerage, ...

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Kevin Boughen Salesperson

Phone:
4165094047
Email:
OnePercentAtBlue@gmail.com
Support Area:
Collingwood, Blue Mountain, The Blue Mountains, Wasaga Beach, Strayner, Thornbury

Kevin Boughen is a Licensed Real Estate Sales Representative with One Percent Realty Ltd Brokerage, ...

Full Profile