$699,000

$750,000For salePrice drop↓ $51,000 (7%)

#121 796404 Grey Road 19, Blue Mountains - Single Family for Sale

#121 796404 Grey Road 19, Blue Mountains, Ontario, L9Y0N8

2 beds2 baths1 parking1,500 ft²$1,088/mo condo feeListed 488 days ago

Overview

This 2-bedroom, 2-bathroom condo in Blue Mountains is for sale offering roughly 1,500 sq ft of space. Its $699,000 asking price sits right in line with the $670,000 median in Blue Mountains.

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Description

A true SKI-IN / SKI-OUT experience! This ground floor, 2-storey Chateau Ridge condo suite is located right near the base of Happy Valley ski run at Blue Mountain Resort. Just strap your skis on at the back door and slide over to the ski lift! Tucked far enough away from the village to enjoy the peace and tranquility of the surrounding mature trees and quiet lifestyle, yet close enough to walk to all of the amenities our area has to offer. Enjoy plenty of natural light with an abundance of windows, and glass brick details plus an open concept kitchen/dining area and a cozy living room with bay window and electric fireplace. This condo offers an abundance of storage within the unit as well as a private ski locker outside. Your exclusive parking space is right out the front door and there's lots of visitor parking as well. A short drive or bike ride to beaches, golf and downtown Collingwood, this location is outstanding for so many reasons. Unit is not currently part of the BMVA, nor was it used for short term rentals, though zoning may potentially allow for short term rentals with certain limitations. (id:66096)

Property Details

MLS®: X12263738
Property Type: Single Family
Zoning: RR-133
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Condo Fee: $1,088/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $2,181.42/yr

Rooms

Main level

Foyer: 2.37 x 1.85 meters
Bedroom: 3.9 x 4.18 meters
Bathroom: 1.74 x 2.32 meters
Laundry room: 4 x 1 meters
Living room: 3.37 x 6.65 meters
Kitchen: 3.7 x 2.9 meters
Dining room: 3.09 x 4.28 meters

Upper Level

Primary Bedroom: 3.92 x 3.59 meters
Bathroom: 1.76 x 4.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Hardboard
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

488d

Blue Mountains listings, avg age

92d

Price / ft²

$466

List price

$699K

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 2-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?

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Listed by Century 21 Millennium Inc. · TRACIE PEARSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $699,000, about 8.2× the local median household income of $85,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 61% 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)

$699,000· $466/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$182/mo

Condo fee$1,088/mo

Total monthly$4,897

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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