$1,199,000

For sale

127 Nordic Road, Blue Mountains - Single Family for Sale

127 Nordic Road, Blue Mountains, Ontario, N0H2E0

6 beds4 baths6 parking1,750 ft²100 × 199 ft (19,870 sq ft) lot sizeListed 34 days ago

Overview

This 6-bedroom, 4-bathroom home in Blue Mountains is for sale offering roughly 1,750 sq ft of space. Listed at $1,199,000, it is attractively priced about 18% below the $1,459,000 median asking price in Blue Mountains. It has been on the market 34 days, fresher than the Blue Mountains average of 92 days.

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Description

FULLY LICENSED STA CHALET! Skip the approval process with this turn-key, active Short-Term Accommodation investment property located at 127 Nordic Road in the highly sought-after Swiss Meadows community. Nestled atop the Blue Mountains, this spacious, fully equipped, furnished, and decorated 6-bedroom, 4-bathroom chalet is completely optimized for immediate cash flow and seamless hosting. The premier location offers effortless access to Blue Mountain ski hills and lifts, is within walking distance of the historic Bruce Trail, and sits just a short drive from Scenic Caves. Highlighting incredible guest appeal, the property features a fantastic, expansive yard with an outdoor firepit for ultimate après-ski relaxation, alongside a lot providing plenty of parking for large groups. Don't miss this rare, ready-to-operate rental powerhouse in Ontario's premier four-season resort destination. (id:66096)

Property Details

MLS®: X13850490
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 4
Half Baths: 2
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 100 × 199 ft (19,870 sq ft)
Frontage: 100 ft
Storeys: 2
Basement: Finished, N/A
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Foundation: Block
Exterior: Stucco
Lot Features: Guest Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Blue Mountains listings, avg age

92d

Price / ft²

$685

List price

$1.20M

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.

Haho

This 6-bed single family in Blue Mountains has been listed for 34 days, which is 58 days fresher than the city average of 92. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ANNIE NGUYEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $1,199,000, about 13.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 172% above the area median.

Median household income: $86,000
Population: 53,674
Median age: 52.8
Owner / renter: 86% / 14%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$1,199,000· $685/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.91% · $94,900

Min 7.91%50%

Mortgage payment$6,121/mo

↳ CMHC premium ($44,164 capitalized)

Property tax (est.)$312/mo

Total monthly$6,434

Cash Needed to Close

Down payment (7.91%)$94,900

Land transfer tax$20,455

Est. closing costs$6,097

Total cash needed$121,452

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