133 Island View Drive, Grey Highlands, ON N0C 1E0
  • $1,499,000

Overview

  • Detached, Style 1 1/2 Storey
  • Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms

Description

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!

  • Address: Island View
  • City: Grey Highlands
  • State/county: Grey County
  • Zip/Postal Code: N0C 1E0
  • Area: Grey Highlands

Details

Updated on October 9, 2026 at 8:24 pm
  • Price $1,499,000
  • Bedrooms 5
  • Bathrooms 2
  • Type Detached, Style 1 1/2 Storey
  • Property Status Residential Freehold

Additional details

  • Bedrooms 4
  • Tax Year 2025
  • Square Footage 1100-1500
  • Bedrooms Plus 1
  • Washrooms 2
  • Kitchens 1
  • Total Kitchens 1
  • Basement Finished
  • Heating Type Forced Air
  • Heating Fuel Gas
  • Air Conditioning None
  • Sewers Septic
  • Front 80
  • Depth 165
  • Garage Type Detached
  • Driveway Private
  • Parking Spaces 4
  • Total Parking Spaces 4
  • Pool Decommissioned, None
  • Exterior Finish Board & Batten, Wood
  • Property Orientation North
  • Waterfront Direct
  • Taxes 5806.06
  • Occupancy Owner
  • Cross Street Island View and Paradise Lane
  • Courtesy of CHESTNUT PARK REAL ESTATE LIMITED
  • Price per Sq Ft ~$1,153 (at 1,300 sq ft)
  • Listed Jun 19, 2026 · 112 days on market

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Questions & answers

Frequently asked questions about 133 Island View Drive

Answers come straight from this home’s MLS® listing.

How much is 133 Island View Drive listed for?

133 Island View Drive is listed for $1,499,000. With 20% down ($299,800), the mortgage payment would be roughly $6,040 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 133 Island View Drive have?

133 Island View Drive has 4 bedrooms above grade plus 1 more below grade and 2 bathrooms.

How big is 133 Island View Drive?

The listing puts the above-grade living space between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 133 Island View Drive?

133 Island View Drive is a detached one-and-a-half-storey home in Grey Highlands, Grey Highlands. The exterior is board & batten, wood.

Does 133 Island View Drive have a finished basement?

The basement is listed as finished.

How big is the lot at 133 Island View Drive?

The lot is 80 ft wide by 165 ft deep, which is about 13,200 sq ft if it is a regular rectangle. The listing gives the orientation as north.

Does 133 Island View Drive have a garage, and how much parking is there?

Yes. It has a detached garage. There is parking for 4 vehicles in total.

How is 133 Island View Drive heated and cooled?

Heating is forced air (gas). The listing shows no air conditioning.

Does 133 Island View Drive have a pool?

Yes. The listing shows a decommissioned, none pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.

What are the property taxes for 133 Island View Drive?

Property taxes are $5,806 a year (2025), or about $484 a month.

What neighbourhood is 133 Island View Drive in?

133 Island View Drive is in the Grey Highlands community of Grey Highlands, Grey County Region. The nearest main intersection is Island View and Paradise Lane. The postal code is N0C 1E0.

Is 133 Island View Drive still for sale?

Yes. 133 Island View Drive is an active listing (MLS® X13466048), on the market since June 19, 2026. Listings here update from the board through the day and come down once a home sells.

Has 133 Island View Drive sold before, and for how much?

Past sales, leases and expired listings for this address are in the Sold history tab, with the price and date of each. It is free for members.

How do I book a showing at 133 Island View Drive?

Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

Have a different question? Ask about this home and get an answer, usually within the hour.