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For sale
  • C$1,499,000

    133 Island View Dr, Grey Highlands, ON N0C 1E0

    5beds
    2baths
    Single Family Residence
    Built in ----
    0.3 Acres Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Waterfront propertyWinterized five bedroom sanctuaryBunkie with electricityWinterized hot tub
    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!
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    Zillow last checked:

    Listing updated:

    Listed by:

    CHESTNUT PARK REAL ESTATE LIMITED

    Source: TRREB,MLS®#: X13466048MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Included: Built-In Oven, Water Treatment, Water Purifier
      Features
      • Flooring: Carpet Free
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Living area range: 1100-1500 null

      Property

      Parking
      • Total spaces: 4
      • Parking features: Private
      • Has garage: Yes
      Features
      • Stories: 1.5
      • Patio & porch: Deck
      • Exterior features: Landscaped, Recreational Area, Year Round Living, Controlled Entry, Private Dock
      • Has private pool: Yes
      • Pool features: Decommissioned, None
      • Has spa: Yes
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Lake, Clear, Forest, Trees/Woods, Water
      • Has water view: Yes
      • Water view: Lake,Water,Direct,Unobstructive
      • Waterfront features: Beach Front, Direct, Lake
      • Body of water: Eugenia Lake
      Lot
      • Size: 0.3 Acres
      • Features: Beach, Marina, Waterfront, Lake Access, Lake/Pond
      • Topography: Flat,Level,Open Space
      Details
      • Parcel number: 372530255

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Board & Batten, Wood
      • Foundation: Block
      • Roof: Asphalt Shingle

      Utilities & green energy

      • Sewer: Septic
      • Water: Drilled Well, Shared Well

      Community & HOA

      Location
      • Region: Grey Highlands

      Financial & listing details

      • Annual tax amount: C$5,806
      • Date on market: 6/19/2026

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: N0C

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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