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133 Island View Drive in Grey Highlands for sale

Asking price
$1,499,000
Estimate (Jun 19)
$1,443,537
MLS #:
X13466048
Type:
Detached, 1 1/2 Storey
Approx. SQFT:
1100-1500
Basement:
Finished
4+1 4+1
1 80 x 165 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sld Jun 22, 2021 $1,330,030
TURNKEY WATERFRONT INVESTOR & LIFESTYLE OPPORTUNITY! Welcome to 133 Island View Drive, a premier 4-season waterfront property on sought-after Lake Eugenia. Perfectly situated on an expansive lot with 80 feet of prime direct frontage, this winterized five bedroom sanctuary (including a bunkie with electricity) boasts a rare, coveted sandy beach entry-ideal for family swimming and water sports. Experience the ultimate year-round lifestyle: premier motorized boating, wakeboarding, and bass fishing in the summer; world-class skiing, snowboarding, and snowshoer trails at the nearby Beaver Valley Ski Club and Blue Mountain all winter long. Beyond a private retreat, this property is a highly successful, established short-term rental business operating since March 2022. Backed by verified performance figures in the attached document, the property achieved a 2024 peak gross of $76,653 and boasts a lean, incredibly stable annual cost structure (~$30k-$32k/year). The historic 3-year average net income sits at $35,071, despite the current owners heavily restricting dates for personal use. Unlock massive untapped revenue potential! By reclaiming owner-reserved inventory-opening the winter ski season and peak summer weeks to the market-pro forma projections show a Full-Availability Gross Potential of ~$94,750 and an Estimated Net Income Potential of ~$57,000+. Complete with a winterized hot tub, this property comes with the option to retain the highly experienced local co-host for an entirely hands-off, seamless transition. Live in luxury, enjoy effortless cash flow, or do both. Your turnkey Grey Highlands oasis awaits!

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  • Date Listed: Friday, June 19, 2026
  • Listing Brokerage: Chestnut Park Real Estate Limited - Disclaimer: The information contained in this listing has not been verified by Chestnut Park Real Estate Limited and should be verified by the buyer.
  • City: Grey Highlands

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  • Neighbourhood: Grey Highlands
  • Major Intersection: Island View and Paradise Lane
  • Full Address: 133 Island View Drive, Grey Highlands, N0C 1E0, Canada, ON, Canada
  • Amenities:
  • Taxes: $5,806.06 (2025)

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