368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

133 Island View Drive, Grey Highlands, ON N0C 1E0

$1,499,000
  • Sale
  • Detached
  • 7 days ago
  • Updated: 2026-06-19

Property Overview

Property Type
Detached
Bedrooms
5
Bathrooms
2
Garage
Detached/4
Size
N/A
Age
N/A
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!

Key Details

  • X13466048
  • Detached/4
  • $1,499,000
  • Owner
  • Decommissioned,None
  • 1 + 1
  • 1 1/2 Storey
  • 4 + 1
  • 2
  • 1100-1500 Sqft
  • N/A
  • N/A
  • Detached
  • Sale

Additional Details

  • Forced Air / Gas
  • $5806.06
  • 2025
  • LT 48 RCP 834 ARTEMESIA ; T/W GS36047; GREY HIGHLANDS
  • N/A
  • N
  • Finished
  • 1
  • None
  • Hot Tub,Deck,Landscaped,Recreational Area,Year Round Living,Controlled Entry
  • Beach,Marina,Waterfront,Lake Access,Lake/Pond
  • Well

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FAQ
  • What is the total square footage of the x13466048 - 133 Island View Drive, Grey Highlands, ON N0C 1E0?

    The total square footage of this property is 1100-1500 SqFt.

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