133 Island View Drive, Grey Highlands
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! (id:1945)
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Property details for 133 Island View Drive, Grey Highlands
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Lot Size
- 80 x 165 FT
- Stories
- 1.5
- Basement
- Finished, N/A
- Parking
- Detached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Wood
- Ownership
- Freehold
- Annual Taxes
- $5,806
Nearby Listings Stat
Estimated price and comparable properties near 133 Island View Drive
Active Listings
2
Min Price
$1,499,000
Max Price
$1,499,900
Avg Price
$1,499,450
Days on Market
154
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Grey Highlands, Ontario
Population
481
Median Age
52
Median Income
$32,576
Dwelling Value
$376,618
Housing Tenure
Owners 94%
Renters 9%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 39.8/km²
Avg Shelter Cost: $1,213/mo
Owners with Mortgage: 43.3%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 0%
English only: 93.8%
English and French: 5.2%
Neither: 2.1%
Median Household Income: $73,344
Median Employment Income: $26,208
Price History
Listed
June 19, 2026
by CHESTNUT PARK REAL ESTATE LIMITED
Current Price
$1,499,000
Type
Residential
For Sale