Renovated 3-Bedroom Townhome with Loft and Deck Near Blue Mountain Village

Property details for 8 - 104 Farmgate Road, Blue Mountains

Type: Residential
Bedrooms: 3
Bathrooms: 3
Stories: 3
Basement: Finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Window air conditioner
Exterior: Wood, Brick
Ownership: Condo/Strata
Annual Taxes: $4,497
Condo Fee: $291 / Monthly

This is a 3-bed, 3-bath townhome with more than 2,500 square feet of finished space across three stories. It's a steel-frame building with wood and brick exterior, built as a condo. The main floor has an open layout with a fireplace and engineered walnut hardwood floors. Kitchen's got an 8-foot island, new cabinetry, and appliances including a tankless water heater. Upstairs, there's a primary bedroom with ensuite and two more bedrooms. The loft is fully finished with shiplap ceilings and an 85-inch TV. Lower level includes a rec room, gym, and another bathroom. There's a full basement that's finished. Back deck is expanded for outdoor space. Attached garage fits two cars. Recent upgrades include a roof from 2024, updated furnace, and central air. It's fully furnished. Condo fees cover snow clearing, lawn maintenance, internet, and cable. Located in Blue Mountains, Ontario, just steps from Blue Mountain Village. Nearby spots include Plunge! Aquatic Centre at 1.2 km, Oliver & Bonacini Café Grill at 1.2 km, and multiple restaurants within 1.6 km. Pets are allowed with restrictions. Price is $989,000, with annual taxes around $4,500. Median nearby price is $867,000.

About 8 - 104 Farmgate Road, Blue Mountains — Property Score

Great Location Hot Market

Score: 69/100

Value

Priced 12.1% below area median of $1,125,000 based on 48 comparable properties nearby 88

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - typical for similarly priced properties 60

Location

$80K median household income - near the Canadian average of $70K 70

88% of residents hold postsecondary credentials - a highly educated neighbourhood 94

88% homeownership rate - indicating a stable, owner-occupied community 91

77% of residents commute under 30 minutes - excellent commuter accessibility 91

6/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 212 days on market 100

+183.7% median price change over 1 month - rising prices in the area 100

25 months of housing supply - 75 active listings with 3 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.4 spots 80

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

View - premium features that add significant value 60

Investment

0.45% effective tax rate ($4,497/yr) - very low tax burden 87

13% renter population - primarily owner-occupied area 45

Quality

Condition

Listing

32 photos provided - below the area average of 42 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.