Salehian.com 647-325-5000

133 Island View Drive

Grey Highlands, Grey Highlands, N0C 1E0

$1,499,000

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  • 4+1 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1100-1500 sq ft

Listed 123 days ago · MLS® X13466048

About this home

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!

Details

Type
Detached
Style
1 1/2 Storey
Size
1100-1500 sq ft
Lot
80 × 165 ft
Basement
Finished
Garage
Detached
Kitchens
1
Property tax
$5,806 (2025)
Neighbourhood
Grey Highlands
Municipality
Grey Highlands
Price per sq ft
$1,153 (100% above detached houses in Grey Highlands, $576)

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
2 × 3-piece
Rooms
8 above ground
Family room or den
No
Fireplace
Yes
Features
Built-In Oven, Carpet Free, Water Treatment, Water Purifier

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Septic

Building and exterior

Style
1 1/2 Storey
Exterior
Board & Batten, Wood
Roof
Asphalt Shingle
Foundation
Block
Faces
North
Pool
Decommissioned
Outdoor
Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry
Waterfront
Direct

Parking

Garage spaces
1
Total parking
4
Driveway and parking
Private

Lot

Size
80 × 165 ft

More

Possession
1-29 days
Nearby
Beach, Marina, Waterfront, Lake Access, Lake/Pond
Cross street
Island View and Paradise Lane

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 0 parks.

Who lives here postal area N0C

Owners / renters
86% / 14%
Median household income
$85,000
Average age
42
Children under 15
19%
Homes
92% detached
Commute by transit
0%
Population
17,537

Languages spoken most at home besides English: Pennsylvania German 4.5%, German 1.7%, Dutch 0.7%, Plautdietsch 0.3%.

Safety

Crime Severity Index for Grey Bruce (Grey Highlands) (OPP): 42 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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