Front of 133 Island View Drive
133 Island View DriveGrey Highlands, ON N0C 1E0
For SalePrice Reduced
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Ontario Real Estate › Grey Highlands
Front of 133 Island View Drive
133 Island View DriveGrey Highlands, ON N0C 1E0
For SalePrice Reduced
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DetachedMLS X13466048
Listed for:Listed 4 months ago
$1,299,000
4+1 Bedrooms
2 Bathrooms
1 Garage
1.1K~1.5K Sq.Ft.
80 x 165 ft Lot
$5,806 Tax/yr
Kim Karimi
Kim Karimi

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About this home

133 Island View Drive, Grey Highlands

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!

Built-In OvenCarpet FreeWater TreatmentWater PurifierLakeClear

Facts & features

TypeDetached
Style1 1/2 storey
Size1.1K~1.5K Sq.Ft.
Lot80 x 165 ft
Tax$5,806 (2025)
HeatingForced air, gas
BasementFinished
Parking4 drive
WaterWell
FireplaceYes

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Rooms

0 rooms · 2 bathrooms
Bathrooms2
3-pc3-pc

Around this home

Island View and Paradise Lane

Listing details

MLS® numberX13466048
Listed onJun 19, 2026
Days on market131
UpdatedOct 22, 2026
Listing brokerageCHESTNUT PARK REAL ESTATE LIMITED
Possession2026-07-31 / 1-29 days

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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