The Blue Mountains, ON L9Y 0M1,210 Arlberg Crescent
The Blue Mountains, ON L9Y 0M1,210 Arlberg Crescent
The Blue Mountains, ON L9Y 0M1,210 Arlberg Crescent
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Listed by Matthew Lidbetter • Sotheby's International Realty Canada, Brokerage (Collingwood)
$2,195,000
Est. payment /mo
11 Beds
4 Baths
2,661 SqFt
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UPDATED:

10/12/2024 08:40 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,661 sqft

Price per Sqft $824

MLS Listing ID 40657946

Style 3 Storey

Bedrooms 11

Full Baths 4

Abv Grd Liv Area 3,711

Originating Board The Lakelands

Annual Tax Amount $4,021

Lot Size 10,236 Sqft

Acres 0.235

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

Area Blue Mountains

Zoning RR-131

Direction Grey Rd. 19 to Kandahar Lane turn right onto Arlberg Crescent to #210

Rooms

Basement Full, Finished

Kitchen 2

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry Shared

Exterior

Waterfront No

Waterfront Description Access to Water

Roof Type Asphalt Shing

Lot Frontage 50.0

Lot Depth 190.0

Garage No

Building

Lot Description Urban, Ample Parking, Cul-De-Sac, Near Golf Course, Open Spaces, Public Parking

Faces Grey Rd. 19 to Kandahar Lane turn right onto Arlberg Crescent to #210

Foundation Concrete Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 3 Storey

Structure Type Board & Batten Siding,Stucco

New Construction No

Others

Senior Community No

Tax ID 373130293

Ownership Freehold/None


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