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$2,195,000
Est. payment /mo
11 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Blue Mountains
MLS® Listing ID X10434871
Bedrooms 11
Originating Board OnePoint Association of REALTORS®
Property Sub-Type Freehold
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
Rooms
Kitchen 2.0
Extra Room 1 Second level 4.04 m X 3.12 m Living room
Extra Room 2 Second level 2.29 m X 3.73 m Bedroom
Extra Room 3 Second level 2.9 m X 3.73 m Bedroom
Extra Room 4 Second level 2.24 m X 3.73 m Bedroom
Extra Room 5 Second level 1.8 m X 2.31 m Bathroom
Extra Room 6 Second level 2.24 m X 4.09 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold