MLS Listings
210 Arlberg Crescent, The Blue Mountains ON L9Y 0M1
The Blue Mountains, ON, L9Y 0M1
Property Specification
210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month
| MLS Number | 40585346 |
| Property Type | Residential Income |
| Building Area | 3711 Square Feet |
| Above Grade Sqf | 2,661 Sq Ft |
| Cooling | Central Air |
| Heating | Forced Air, Natural Gas |
| LotSizeAcres | 0.235 |
| LotSizeArea | 0.235 |
| LotSizeSource | GeoWarehouse |
| LotSizeUnits | Acres |
| Parking Spaces | 12 |
| Sewage | Sewer (Municipal) |
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Listing courtesy of: Sotheby's International Realty Canada, Brokerage (Collingwood)
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