210 Arlberg Crescent
Blue Mountains, Blue Mountains, L9Y 0M1
For Sale
21.08 BTC

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8 + 3
BEDROOMS4
BATHROOMS2
KITCHENS17 + 7
ROOMSX10434871
MLSIDContact Us
Property Description
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
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Property Features
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Property Details
Property Type
Semi-Detached
Lot Size
50' x 190'
Taxes
$4,021 (2023)
Basement
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Exterior
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Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Pool
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Parking Spaces
12
Garage Type
Other
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Listing contracted with Sotheby's International Realty Canada, Brokerage (Collingwood)
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