$ 2,195,000
210 ARLBERG CRES Blue Mountains, ON L9Y 0M1
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$ 2,195,000
Est. payment /mo
Active
210 ARLBERG CRES Blue Mountains, ON L9Y 0M1
11 Beds
4 Baths
3,711 SqFt
UPDATED:
11/21/2024 05:28 PM
Key Details
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,711 sqft
Price per Sqft $591
MLS Listing ID X10434871
Style 3-Storey
Bedrooms 11
Annual Tax Amount $4,021
Tax Year 2023
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
Location
Province ON
County Grey County
Zoning RR-131
Rooms
Basement Finished, Full
Kitchen 2
Separate Den/Office 3
Interior
Interior Features None
Cooling Central Air
Inclusions None
Laundry Shared
Exterior
Garage Front Yard Parking
Garage Spaces 12.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 12
Building
Foundation Concrete Block, Poured Concrete
New Construction false
Others
Senior Community No
Listed by Sotheby's International Realty Canada, Brokerage (Collingwood)