Address
133 Island View Drive, Grey Highlands, ON
Price
$ 1,499,000
Property Attributes
  • ID#X13466048
  • TypeSingle Family
  • Listing Status New
  • CityGrey Highlands
  • AreaGrey Highlands
  • NeighbourhoodGrey Highlands
  • Postal CodeN0C 1E0
  • Style1 1/2 Storey
  • Taxes$ 5806
  • Price$ 1,499,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100-1500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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!

Price History
6/19/2026 Listed $1,499,000

General Features

Sewer Septic
Cooling None
Roof Asphalt Shingle
Architectural Style 1 1/2 Storey
Pool Features Decommissioned,None
Construction Materials Board & Batten,Wood
Waterview Direct,Unobstructive
View Lake,Clear,Forest,Trees/Woods,Water
Heater Type Forced Air
Parking Spaces 4
Topography Flat,Level,Open Space
Property Subtype Detached
Tax Year 2025
Lot Depth 165.0
PropertyFeatures Beach,Marina,Waterfront,Lake Access,Lake/Pond
Waterfront Features Beach Front
County Grey County
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction North
Garage Y/N Yes
Status New
City Grey Highlands
Body of Water Eugenia Lake
Disclosures Unknown
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 5806.06
Standard Status Active
Occupancy Type Owner
Legal Description LT 48 RCP 834 ARTEMESIA ; T/W GS36047; GREY HIGHLANDS

Interior Features

Interior Amenities Built-In Oven,Carpet Free,Water Treatment,Water Purifier
Basement Finished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 5
Elevator? No
Total Baths 2
Bedrooms 4+1
Living Area Range 1100-1500

Exterior Features

Exterior Amenities Hot Tub,Deck,Landscaped,Recreational Area,Year Round Living,Controlled Entry
Waterfront Direct
Parking Features Private
Water Source Drilled Well,Shared Well
Total Parking 4.0
Garage Type Detached
Foundation Details Block
Spa No
Lot Size Source GeoWarehouse
Waterfront Y/N Yes
Covered Spaces 1.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N0C 1E0

Price
AVG $1.24M
$1.5M
Taxes
AVG $6,323
$5,806
Visits
AVG 65
315
Data Provided by Inside Real Estate®