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210 Arlberg Crescent

Blue Mountains (blue Mountain Resort Area), Ontario

$2,195,000

11

Beds

4

Baths

About 210 Arlberg Crescent

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:6289)

Features of 210 Arlberg Crescent

Listing # X10434871
Price $2,195,000
Bedrooms 11
Bathrooms 4
Acres 0.00
Type Single Family
Sub-Type Freehold
Status Active

Community Information

Address 210 Arlberg Crescent
Subdivision Blue Mountain Resort Area
City Blue Mountains (blue Mountain Resort Area)
Province Ontario
Postal Code L9Y0M1

Amenities

Parking Spaces 12
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes

Exterior

Exterior Wood, Stucco
Lot Description 50 x 190 Acre|under 1/2 acre
Foundation Block, Poured Concrete

Listing Details

OfficeSotheby's International Realty Canada

Listing Map