The Blue Mountains, ON L9Y0M1,210 ARLBERG Crescent
The Blue Mountains, ON L9Y0M1,210 ARLBERG Crescent
The Blue Mountains, ON L9Y0M1,210 ARLBERG Crescent
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$2,195,000
Est. payment /mo
11 Beds
4 Baths
3,711 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,711 sqft

Price per Sqft $591

Subdivision Blue Mountains

MLS® Listing ID 40657946

Style 3 Level

Bedrooms 11

Originating Board OnePoint - The Lakelands

Lot Size 10,236 Sqft

Acres 10236.6

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 (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 5'11'' x 7'7'' 4pc Bathroom

Extra Room 2 Second level 7'4'' x 12'3'' Bedroom

Extra Room 3 Second level 9'6'' x 12'3'' Bedroom

Extra Room 4 Second level 7'6'' x 12'3'' Bedroom

Extra Room 5 Second level 13'3'' x 10'3'' Living room

Extra Room 6 Second level 11'11'' x 18'5'' Dining room

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 12

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Architectural Style 3 Level

Others

Ownership Freehold


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Listed by Sotheby's International Realty Canada, Brokerage (Collingwood)
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Adam Vetter

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