210 Arlberg Crescent, Blue Mountains - Business for Sale
210 Arlberg Crescent, Blue Mountains, Ontario, L9Y0M1
This business in Blue Mountains is for sale offering roughly 3,574 sq ft of space.
Description
Positioned within walking distance of Blue Mountain Village, 210 Arlberg Crescent is an income producing resort property configured for large scale occupancy and long term operational flexibility. Spanning three levels with a finished basement, the building comprises 2,661 square feet above grade with a further 913 square feet below and is organized around 11 bedrooms and 4 bathrooms with two complete kitchens and two principal living and dining areas, each anchored by a fireplace. Outdoor terraces extend from both the main and second levels, while dedicated laundry and 12 surface parking spaces support the property's capacity for large group occupancy and year round use. Since 2018, the property has been leased by Blue Mountain Resorts for staff accommodation, with the current lease extending through December 2027. The property's zoning with STA permissions offers meaningful optionality through continued institutional tenancy, conversion into two self contained short term accommodation units, or personal recreational use with supplementary income. The underlying strength of this property is rooted in the Blue Mountains' evolution as a four season resort community, from ski hills and golf fairways to the shoreline of Georgian Bay. Established infrastructure, sustained year round demand and proximity to the village continue to support both seasonal visitors and long term residents. A property defined by operational stability today and the flexibility to evolve alongside one of Ontario's most established resort communities. (id:66096)
Property Details
- MLS®
- X13207268
- Property Type
- Business
- Zoning
- RR-131
- Bathrooms
- 4
- Parking
- 12
- Interior Size
- 3,574 ft²
- Lot Size
- 50 × 190 ft (9,500 sq ft)
- Frontage
- 50 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $4,338/yr
- Listed
- 160 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 160 days on market, against an average age of 91 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9Y)
This home lists at $1,785,000, about 21.0× the local median household income of $85,000.
Carrying it typically needs a household income of about $348,673 (20% down, 25-yr amortization, stress-tested) — roughly 310% above the area median.
- Median household income
- $85,000
- Population
- 28,925
- Median age
- 52
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA L9Y)
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$1,785,000
Blue Mountains