$779,000
Blue Mountains
#222 125 Fairway Court, Blue Mountains, Ontario, L9Y0P8
This 3-bedroom, 2-bathroom condo in Blue Mountains is for sale offering roughly 1,500 sq ft of space. It has been on the market 22 days, fresher than the Blue Mountains average of 92 days.
Rivergrass at Blue 3 bedroom, 2 bath upper town home is a short-term approved four seasons investment-lifestyle property. The views are calming and premium with views of the Monterra Golf Course for spring/summer/fall and the ski hills for winter, this property avoids any seasonal slump. Location is perfect being just a 5-minute walk to the heart and activity of Blue Mountain Village, which is filled with an abundance of restaurants, boutiques, shops, a spa and year-round entertainment events right at the base of the ski hills. This building is situated to one side of the entrance and change room for the year-round heated hot tub and beautiful seasonal outdoor swimming pool. Being situated right next to the amenity entrance is a logistics win for guests, especially in the winter when walking to the hot tub in a robe needs to be a quick trip. The open concept main floor living area has cathedral ceilings with a span of window across the room and an inviting gas fireplace, plus a deck to sit out and soak in the sun and take in the views, while you barbeque your dinner, if not dining out. The open concept kitchen/dining/living area is ideal for families and friends to interact. Large master bedroom with ensuite on upper level, two bedrooms on main floor, one with queen bed and the other with a set of twin beds. A welcoming entrance foyer with storage bench and hooks to hang your hat greets you. A laundry closet next to the foyer is convenient for tossing your wet towels or ski clothing into. Since this is a short-term accommodation (STA) approved zone, you have the legal right to apply for an STA license and generate revenue to offset your operating costs. 1% Buyer Blue Mountain Village Association Fee on closing. Annual BMVA fees of $0.28 per square foot per year includes Shuttle Service, owner discounts, entertainment and events in the Village core. This can be your Cottage Alternative! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 22 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 3-bed single family in Blue Mountains has been listed for 22 days, which is 70 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $779,000, about 9.2× the local median household income of $85,000.
Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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