Home Details for 796468 Grey Road 19 Road 101

INVESTOR ALERT: 8.96% CAP RATE & SKI-IN/SKI-OUT ACCESS. Secure a high-performance, turn-key asset in the heart of North Creek Resort. This rarely available ground-floor "True One-Bedroom" suite offers a distinct living area for enhanced privacy and superior rental appeal compared to standard studios. A proven revenue powerhouse, this unit generated $34,938.49 in NET revenue for 2025, with a staggering $11,377.40 earned in Q1 alone, capturing the absolute peak of the ski season. With a stellar 4.8-star Airbnb rating and 251 reviews, this is a "Day 1" ready investment.The suite shows beautifully with premium upgrades, including granite countertops, extra kitchen storage, new flooring, and a cozy fireplace. Sold fully furnished with a newer stove and dishwasher, the sale also includes a Quick Start Guide for Self-Management to maximize your margins. Positioned for both lifestyle and income, you are steps from the North Chair for ski-in/ski-out access and moments from year-round hot tubs, a seasonal pool, North Winds Beach, and the on-site "Indian Spice" restaurant. A free shuttle service stops at your door for effortless access to Blue Mountain Village shopping and dining.Financial Highlights: 8.96% Cap Rate (nearly double the Ontario average of 4.4%-5.1%). Condo fees ($606.66/month) include water and basic cable; Hydro approx. $110/month. HST is applicable but deferrable for registrants. 0.5% BMVA fee on the total sale payable on closing by the Buyer. Whether adding to a luxury portfolio or seeking a four-season retreat that pays for itself, Unit 101 offers a high-ADR profile at an accessible entry point. Don't miss the best-performing 1-bedroom layout in Ontario's premier resort market. (id:31684)

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