$1,049,000

For sale

#210 110 Fairway Court, Blue Mountains - Single Family for Sale

#210 110 Fairway Court, Blue Mountains, Ontario, L9Y0P8

3 beds3 baths1 parking1,700 ft²$813/mo condo feeListed 40 days ago

Overview

This 3-bedroom, 3-bathroom condo in Blue Mountains is for sale offering roughly 1,700 sq ft of space. It has been on the market 40 days, fresher than the Blue Mountains average of 92 days.

Condos for Sale in Blue Mountains →All real estate in Blue Mountains →

Description

**NO BMVA FEES! A RARE GRANDFATHERED (3) BEDROOM SIERRA LANE RETREAT **NO BLUE MOUNTAIN VILLAGE ASSOCIATION (BMVA) ENTRY FEE AND NO ONGOING ANNUAL BMVA FEES. ALSO NO HST APPLICABLE. Welcome to Unit 210 at 110 Fairway Court. A rare, grandfathered gem located just a 4-minute walk from the heart of Blue Mountain Village with an amazing view of the mountain and golf course. Enjoy all the perks of resort living with no HST applicable and zero BMVA fees or constraints, resulting in significantly lower carrying costs and complete ownership flexibility. The complex recently underwent a complete exterior modernization ($30,000+ per unit fully paid by seller), replacing old stucco with stunning modern chalet-style wood siding. Combined with an exceptionally managed condo board keeping maintenance fees among the most competitive in the area, this property offers incredible long-term financial efficiency. Spanning nearly 1,700 sq. ft., this true (3) bedroom, (3) bathroom layout features (2) full baths and a powder room. It is being offered fully furnished and turnkey. The bright interior features high-end hardwood flooring throughout, crisp professional paint in designer Chantilly Lace, an owned high-efficiency Rinnai Combi Boiler (2021), and a brand-new private balcony patio with premium pressure-treated decking and Weber BBQ. Perfect as an effortless year-round family getaway, summer oasis, or private residence, with the potential to re-apply for a short-term rental licence. Steps to the slopes, hiking, mountain biking, dining, and your own private outdoor community pool. Just move in and enjoy luxury resort living, completely free of BMVA taxes, BMVA fees, BMVA restrictions and no HST on purchase! (id:66096)

Property Details

MLS®: X13827736
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,700 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Pool: Yes
Condo Fee: $813/mo
Fee Includes: Common Area Maintenance, Parking
Ownership

Features

Appliances: Central Vacuum, Window Coverings
Exterior: Hardboard
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Blue Mountains listings, avg age

92d

Price / ft²

$617

List price

$1.05M

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 3-bed single family in Blue Mountains has been listed for 40 days, which is 52 days fresher than the city average of 92. Act while there is still low competition.

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Listed by ONE PERCENT REALTY LTD. · KEVIN BOUGHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $1,049,000, about 12.3× the local median household income of $85,000.

Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 141% 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)

$1,049,000· $617/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,900

Min 7.62%50%

Mortgage payment$5,373/mo

↳ CMHC premium ($38,764 capitalized)

Property tax (est.)$299/mo

Condo fee$813/mo

Total monthly$6,484

Cash Needed to Close

Down payment (7.62%)$79,900

Land transfer tax$17,455

Est. closing costs$5,647

Total cash needed$103,002

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