Property Description

Exceptional Investment Opportunity 210 Arlberg Crescent, The Blue Mountains. Ideally situated within walking distance to Blue Mountain Village, this fully renovated property offers year-round appeal for recreation lovers, with golf, skiing, hiking, and biking all just steps away. Extensively updated in 2018 with new plumbing, electrical, and mechanical systems, the home provides true turnkey confidence for investors. Currently leased to Blue Mountain Resorts Ltd. as staff housing through December 2027, it delivers a strong Net Operating Income of approximately $11,000 per month. Spanning more than 3,700 square feet, the residence includes eleven bedrooms, two kitchens, two living areas, dedicated laundry facilities, multiple decks, and parking for numerous vehicles. Designed to accommodate up to 22 staff members, it is well suited for large group living. Zoned STA (Short Term Accommodation), the property also offers excellent future flexibility. It can be reconfigured into two self-contained units one with six bedrooms and the other with five making it an attractive option for generating high-performing short-term rental income on platforms such as Airbnb.This is a rare opportunity to secure a high-yield, versatile property in one of Ontario's premier four-season destinations. (id:7434)