$295,000

For sale

#219 170 Jozo Weider Boulevard, Blue Mountains - Single Family for Sale

#219 170 Jozo Weider Boulevard, Blue Mountains, Ontario, L9Y0V2

0 beds1 bath1 parking250 ft²$786/mo condo feeListed 56 days ago

Overview

This 1-bathroom condo in Blue Mountains is for sale offering roughly 250 sq ft of space. It has been on the market 56 days, fresher than the Blue Mountains average of 92 days.

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Description

Blue Mountain Living That Works for You! Enjoy the best of four-season living from the heart of Blue Mountain Village, without the responsibilities of maintaining a traditional chalet or summer home. Ski and snowboard in winter, then enjoy golf, hiking and biking through spring, summer and fall, with beach days and Georgian Bay just minutes away. Enjoy the suite yourself for up to 10 days each month while participating in the optional, fully managed rental program, generating income when you're away to help offset operating costs.A dedicated locker lets you keep skis, golf clubs, beach gear, clothing and supplies at Blue, while heated underground parking makes coming and going easy.The suite features a full kitchen, gas fireplace and private balcony, plus access to a summer outdoor pool, year-round hot tub, fitness room and sauna. Its efficient bachelor layout and affordability also makes it particularly successful in the rental program. A four-season Blue Mountain retreat to enjoy when you're here, with the option to generate income when you're not. There is a one time 2% + HST Blue Mountain Village Association entry fee on the purchase price and an annual fee of $1.16 + HST x the square footage which is 467 sq ft. HST may be applicable and buyer should retain independent advice regarding HST treatment and potential deferral through the BMVA rental program.The unit recently had over $50,000 of renovations. (id:66096)

Property Details

MLS®: X13761956
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $786/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,288/yr
Listed: 56 days ago

Features

Appliances: Hot Tub, Furniture
Exterior: Stucco
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Blue Mountains listings, avg age

92d

Price / ft²

$1,182

List price

$295K

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 single family in Blue Mountains has been listed for 56 days, which is 36 days fresher than the city average of 92. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · JEFF PORTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $295,000, about 3.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $57,624 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$295,000· $1,182/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,750

Min 5%50%

Mortgage payment$1,554/mo

↳ CMHC premium ($11,210 capitalized)

Property tax (est.)$107/mo

Condo fee$786/mo

Total monthly$2,447

Cash Needed to Close

Down payment (5%)$14,750

Land transfer tax$2,900

Est. closing costs$3,385

Total cash needed$21,035

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice