210 Arlberg Crescent The Blue Mountains, ON L9Y 0M1
Listing Courtesy of: ITSO / Sotheby's International Realty Canada, Brokerage (collingwood)

  210 Arlberg Crescent The Blue Mountains, ON L9Y 0M1

Active (122 Days)
$2,195,000

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

MLS®:
40585346
Taxes
$4,021
Lot Size
10,237 SQFT
Type
Multifamily
County
Grey County

Listed By

Matthew Lidbetter, Sotheby's International Realty Canada, Brokerage (collingwood)
Source
ITSO
Last checked Sep 8 2024 at 12:48 AM EDT
Bathroom Details
Interior Features
  • None
  • Laundry: Shared
Lot Information
  • Near Golf Course
  • Open Spaces
  • Ample Parking
  • Cul-De-Sac
  • Public Parking
Property Features
  • Foundation: Poured Concrete
  • Foundation: Concrete Block
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
Basement Information
  • Full
  • Finished
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 12
Stories
  • 3
Living Area
  • 2,661 sqft
Location
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 9/7/24 17:48