210 ARLBERG Crescent Active

The Blue Mountains,ON L9Y0M1

$ 2195000

11 Beds

4 Baths

3711 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,711 sqft

Price per Sqft $591

Subdivision Blue Mountains

MLS Listing ID 40657946

Style 3 Level

Bedrooms 11

Lot Size 10,236 Sqft

Property Description

210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Building

Story 3

Sewer Municipal sewage system

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