210 Arlberg Crescent, The Blue Mountains, ON, L9Y 0M1

$2,195,000

MLS® # 40585346

Investment For Sale In The Blue Mountains, Ontario

$2,195,000

Property Information:

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

Inclusions: None,All Chattels

Exclusions : All Tenants Personal Belongings. All Internet & Cable Equipment

Building Features:

  • Floor Space: 2661 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Board & Batten Siding, Stucco
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open, Visitor Parking
  • Floor Space (approx): 2661 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Shared
  • Lot Depth: 190 Feet
  • Lot Features: Ample Parking, Cul-De-Sac, Near Golf Course, Open Spaces, Public Parking
  • Lot Frontage: 50.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Waterfront Features:
  • Zoning: RR-131
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: Sotheby's International Realty Canada, Brokerage (Collingwood)

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Additional Photos