HomeListingsGrey HighlandsX13466048

133 Island View Drive Grey Highlands ON

📍 Grey Highlands, Ontario N0C 1E0

$1,499,000

Active
5BEDS
2BATHS
4PARKING
1KITCHENS
80×165LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13466048
ListedJun 19, 2026
Days on Market
Property TypeResidential Freehold
StyleDetached
Cross StreetIsland View and Paradise Lane

📝 Listing Description

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!

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms5
Bathrooms2
Kitchens1

📐 Lot & Land

Lot Width80 ft
Lot Depth165 ft
Cross StreetIsland View and Paradise Lane

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingNone
BasementFinished
GarageDetached
Garage Spaces1
Parking4
ConstructionBoard & Batten , Wood
RoofAsphalt Shingle

💰 Financial

List Price$1,499,000
Annual Taxes$5,806.06 (2025)

🧮 Mortgage Calculator

$299,800
Est. Monthly Payment
$7,364/mo
Principal: $1,199,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by CHESTNUT PARK REAL ESTATE LIMITEDData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13466048 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.