$269,900

$279,900For salePrice drop↓ $10,000 (4%)

#406 796468 Grey Road 19, Blue Mountains - Single Family for Sale

#406 796468 Grey Road 19, Blue Mountains, Ontario, L9Y0N6

1 bed1 bath1 parking250 ft²$541/mo condo feeListed 56 days ago

Overview

This 1-bedroom, 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

North Creek Resort Studio - just steps from the ski gate to Blue Mountain ski hill. This is your chance to enjoy your own getaways & ski vacations, and supplement the costs with rental income. This unit comes fully furnished and equipped for combination of personal use and rentals. Included in the condo fees are water/sewer, Rogers unlimited internet and Ignite TV, year round hot tub, summer heated pool, communal BBQs, tennis/pickleball courts, nightly security, grounds maintenance that includes snow removal to your front door. The Gatehouse at the resort entrance is a focal point within itself. Conveniently for dining in the restaurant, relaxing in the lounge, or a visit in the tuck shop. Close enough to walk or bicycle to the Village at Blue Mountain for more dining and shopping, or take the free shuttle back and forth. This unit is a proud member of the Blue Mountain Village Association, fees and corresponding benefits apply to it. HST and BMVA fees apply, and in addition to sale price. North Creek Resort at Blue was previously known as Todd Brooker Lodge. Currently short term accommodation (STA) licence ready. Buyer to apply with the Town of The Blue Mountains. (id:66096)

Property Details

MLS®: X13762430
Property Type: Single Family
Zoning: C4
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Electric, Other
Cooling: Wall unit
Garage: No Garage, Shared
Fireplace: Yes
Pool: Yes
Condo Fee: $541/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Kitchen: 2.44 x 2.87 meters
Living room: 2.54 x 2.97 meters
Bedroom: 2.54 x 2.97 meters
Bathroom: 1.5 x 2.31 meters

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

Features

Exterior: Wood
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

$1,082

List price

$270K

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 1-bed 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 · MICHELLE KINGSBURY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $269,900, about 3.2× the local median household income of $85,000.

Carrying it typically needs a household income of about $52,721 (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)

$269,900· $1,082/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,495

Min 5%50%

Mortgage payment$1,422/mo

↳ CMHC premium ($10,256 capitalized)

Property tax (est.)$72/mo

Condo fee$541/mo

Total monthly$2,035

Cash Needed to Close

Down payment (5%)$13,495

Land transfer tax$2,524

Est. closing costs$3,310

Total cash needed$19,329

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