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1 / 0
New2 days ago

404 - 796468 Grey 19 Road

Blue Mountains, Blue Mountains

$299,999

Condo Apartment |
1 | 1 | 2 | 1
About this home

INVESTOR ALERT: Secure a premier, high-performance revenue producer in the heart of North Creek Resort. This "Day 1" ready asset is a proven powerhouse currently managed by Property Valet, boasting a massive established guest base and an impressive $22,137.56 in gross revenue from January to September 2026 alone. On a powerful upward trajectory, this studio offers the ultimate combination of strong investment returns and personal four-season enjoyment. Boasting a premier slope-side location, you are steps from the North Chair for true ski-in/ski-out access and right beside the Toronto Ski Club. The suite shows beautifully with premium upgrades, including new flooring and a cozy fireplace. It is sold 100% turnkey, fully furnished, and equipped to comfortably sleep four guests with a queen bed and a pull-out couch. Currently approved for short-term accommodations (STA). Resort-style living is completely seamless here. Exceptional amenities are right at your fingertips, including year-round hot tubs, a seasonal heated pool, tennis/pickleball courts, community BBQs, overnight security, and the popular on-site "Indian Spice" restaurant. Condo maintenance fees offer incredible value, covering water, Rogers Ignite TV, unlimited high-speed internet, and snow removal right to your door. For effortless access to the area's best attractions, a free shuttle service to Blue Mountain Village shopping, private beach, and dining stops right at your doorstep. Please note that a 0.5% BMVA entry fee is payable on closing by the buyer, a special assessment is in place until 2027, but the owner will pay it in full on closing, and HST is applicable to the sale price (but deferrable for GST/HST registrants). Don't miss this rare opportunity to acquire a high-yield ski property in Ontario's premier resort destination!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style2-Storey
Approx. Age31-50
Size0-499 sq. ft.
Maintenance Fees$507
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces2
Parking FeaturesOther
Property Tax$836
mls© NumberX13859152
Listed ByCV Real Estate
Water Included
Cable TV Included
Parking Included

Listing History

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  • 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%
$1,536
Property tax
$70
Heat allowance
$150
Condo fees, half counted
$253
Housing costs
$2,009 / mo

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

Down payment20% · $60,000
25-yr amortization

Income needed

$62,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$60,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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