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$1,785,000
Blue Mountains
210 ARLBERG Crescent, Blue Mountains, Ontario, L9Y0M1
This 11-bedroom, 4-bathroom home in Blue Mountains is for sale.
Exceptional Investment Opportunity 210 Arlberg Crescent, The Blue Mountains. Ideally situated within walking distance to Blue Mountain Village, this fully renovated property offers year-round appeal for recreation lovers, with golf, skiing, hiking, and biking all just steps away. Extensively updated in 2018 with new plumbing, electrical, and mechanical systems, the home provides true turnkey confidence for investors. Currently leased to Blue Mountain Resorts Ltd. as staff housing through December 2027, it delivers a strong Net Operating Income of approximately $11,000 per month. Spanning more than 3,700 square feet, the residence includes eleven bedrooms, two kitchens, two living areas, dedicated laundry facilities, multiple decks, and parking for numerous vehicles. Designed to accommodate up to 22 staff members, it is well suited for large group living. Zoned STA (Short Term Accommodation), the property also offers excellent future flexibility. It can be reconfigured into two self-contained units one with six bedrooms and the other with five making it an attractive option for generating high-performing short-term rental income on platforms such as Airbnb.This is a rare opportunity to secure a high-yield, versatile property in one of Ontario's premier four-season destinations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 190 days on market, against an average age of 92 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.
This 11-bed single family in Blue Mountains is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
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.
Source: Statistics Canada, 2021 Census (FSA L9Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.