796468 Grey 19 Road 407, Blue - Sold for $322,500 | Modern Solution Realty

796468 Grey 19 Road 407, Blue

796468 Grey 19 Road 407 in Blue - 1 bedroom, 1 bathroom. Sold for $322,500. Listed at $339,000.

SOLID RENTAL REVENUE. Welcome to Unit 407 at North Creek Resort. This condo complex is situated next to the Toronto Ski Club and the Weider Express/North Chair Lift. You can ski in and ski out! The property is surrounded by stunning natural scenery, with trails and Northwinds Beach just a short walk away. Enjoy Apres-Ski drinks on your private balcony. This unit is currently included in the short-term rental program managed by Trillium Property Management. Are you a passionate skier seeking a weekend getaway? Or perhaps you need a condo for occasional visits? Utilize the rental programs to ensure you earn income when you're not using the property. Condo amenities: clubhouse/lounge with an Indian restaurant, a seasonal outdoor pool, two hot tubs, tennis/pickleball courts, charcoal BBQs, and security services. Condo fees cover water, sewer, basic cable TV, internet, visitor parking, and shuttle service to Blue Mountain Village. This open-concept studio unit includes one bed and one bath, a sitting area with a wall-mounted TV, an electric fireplace, an apartment-sized kitchen, and electric heating/AC systems. The bathroom features a tub, perfect for relaxing those muscles after a long day on the slopes. New bathroom waterproofing completed. The unit is being sold 'turnkey' with all furniture included. Stylish condo unit. Don't miss out on the opportunity for short-term rental income. Gross income generated in 2025 was $49,000. Note: HST is applicable which can be deferred if the buyer is an HST registrant. A 0.5% BMVA fee payable on closing (and VAF royalty fees apply when renting).

Property Details

  • Property Type: Mortgage
  • Style: 1 Storey/Apt
  • Square Footage: 250 sqft
  • Basement: None
  • Heating: Electric
  • Cooling: Other
  • Parking: 1 space
  • Property Taxes: $836/yr
  • Neighbourhood: Blue Mountains
  • Postal Code: L9Y 0N6

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