210 ARLBERG Crescent, The Blue Mountains, Ontario
$2,195,000
- 11 Beds
- 4 Baths
- 3,711 Square Feet
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 (id:56241)
- Listing ID: 40657946
- Property Type: Single Family
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Listing provided by Sotheby's International Realty Canada, Brokerage (Collingwood)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 210 ARLBERG Crescent in The Blue Mountains Ontario. It was last modified on October 3rd, 2024. Contact Jennifer Bell to schedule a viewing or to discover other The Blue Mountains homes for sale.