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Price Change$419,000

477 - 220 Gord Canning Drive

Blue Mountains, Blue Mountains

$415,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

This oversized one-bedroom quiet corner suite has a beautifully renovated $17,000 bathroom, embrace luxury slope side at The Westin Trillium House, Blue Mountain. Enjoy panoramic partial mountain views from this spacious top floor corner suite with bright afternoon natural sunshine. This is the quiet side of the Westin away from the rowdiness of the noisy village. The perfect combination of comfort and investment potential. Fully furnished, sleeps 4 with a queen bed and pull-out sofa, owners lockout closet, cozy gas fireplace, kitchenette complete with stove top burners, bar fridge, dishwasher and everything needed to prepare light meals and snacks. Owner ski lockers are conveniently located steps away from the Silver Bullet chair lift, Ski-in and ski-out convenience. This is the only pet-friendly resort. Owners also enjoy access to a private beach on Georgian Bay, just 15 minutes away with shuttle service availability. Room service is available from Oliver & Bonacini Cafe/Grill directly to your suite. Owners and guests enjoy access to all the Westin resort amenities including fitness centre, year-round heated outdoor pool and two hot tubs, concierge service, underground parking/valet option, late checkout privileges and the spectacular lobby bar/lounge. After a day skiing, golfing, hiking or activities unwind in the award winning Westin Heavenly bed for ultimate comfort. Currently enrolled in the fully turn-key Blue Mountain Rental Program, this suite offers the owner the opportunity for personal use (6 nights per month + 48 flex nights per year)while generating revenue to offset expenses (Profits + $9,500 annually after all operating expenses) Revenues are distributed monthly to owners. Condo fees include all utilities. A one time 2% Blue Mountain Village Association entry fee applies on the purchase price. Blue Mountain Village Association yearly fee is $1.08 per sq. ft. HST is in addition to the purchase price, but can be deferred with an HST number.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$1,042
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnreserved
Property Tax$2,089
mls© NumberX13509198
Listed ByEngel & Volkers Toronto Central
Heat Included
Cable TV Included
Parking Included
Building Insurance Included
Hydro Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,124
Property tax
$174
Heat allowance
$150
Condo fees, half counted
$521
Housing costs
$2,969 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $83,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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