$ 1,499,000

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)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

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
133 Island View Drive

Contact Agent Get in touch about 133 Island View Drive, Grey Highlands

CLAIRE SPEEDIE
CLAIRE SPEEDIE
CHESTNUT PARK REAL ESTATE LIMITED