133 Island View Drive, Grey Highlands, ON N0C 1E0
- $1,499,000
- $1,499,000
Overview
- Detached, Style 1 1/2 Storey
- 5
- 2
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
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
Contact Information
View ListingsPopular Searches
- Raised Bungalows For Sale
- Luxury Bungalows For Sale
- Bungalow Townhomes For Sale
- Condo Bungalows
- Sidesplits For Sale
- Backsplits For Sale
- Bungalows For Sale with A Pool
- Bungalows For Sale with A 2 Car Garage
- Bungalows For Sale with A Separate Entrance
- Bungalofts For Sale
- Fixer Upper Bungalows For Sale
- Cheap Bungalows For Sale
- Investor-Friendly Bungalows For Sale
- Bungalows For Sale Under 1 Million
- Bungalows For Sale Under 2 Million
- Bungalows For Sale Under 650,000
Popular Cities
- Bungalows For Sale in Toronto
- Bungalows For Sale in Vaughan
- Bungalows For Sale in Brampton
- Bungalows For Sale in Hamilton
- Bungalows For Sale in Oakville
- Bungalows For Sale in Mississauga
- Bungalows For Sale in Caledon
- Bungalows For Sale in Burlington
- Bungalows For Sale in Ajax
- Bungalows For Sale in Pickering
- Bungalows For Sale in Scarborough
- Bungalows For Sale in Bolton
- Bungalows For Sale in King
- Bungalows For Sale in Nobleton
- Bungalows For Sale in Woodbridge
- Bungalows For Sale in Oshawa
- Bungalows For Sale in Whitby
- Bungalows For Sale in Courtice
- Bungalows For Sale in Georgetown
- Bungalows For Sale in Niagara Falls
- Bungalows For Sale in Barrie
- Bungalows For Sale in Innisfil
- Bungalows For Sale in Collingwood
- Bungalows For Sale in Springwater
- Bungalows For Sale in Alliston
- Bungalows For Sale in New Tecumseth
- Bungalows For Sale in Newmarket
- Bungalows For Sale in Markham
- Bungalows For Sale in Aurora


