NewFor Sale

133 Island View Drive
Grey Highlands, Grey County, ON, N0C 1E0

Detached
TRREB
MLS® Number: X13466048

CHESTNUT PARK REAL ESTATE LIMITED

Listing brokerage
Estimated Value
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$1,499,000List Price
4+1Bedrooms
2Bathrooms
1Garages
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Property Location

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Listing History

Buy/sell history for 133 Island View Drive, Grey Highlands, ON N0C 1E0

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Current valuation for 133 Island View Drive, Grey Highlands, ON N0C 1E0. Listed for $1,499,000 on 2026-10-19

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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!

Features

BeachMarinaWaterfrontLake AccessLake/Pond

Amenities

No amenities available

Summary

Tax:$5,806.06 / 2025
Listing #:X13466048
Property Type:Detached, 1 1/2 Storey
Size:1100-1500 feet²
Land Size:80 x 165
Days on CPRB:
Garage:Detached 1 garage
Locker:None
On CPRB Since:
Listing Brokerage:CHESTNUT PARK REAL ESTATE LIMITED

Details

Property

Property Type:Detached
Style:1 1/2 Storey
Community:Grey Highlands
Municipality:Grey County

Building

Size:1100-1500 feet²
Construction:Board & Batten, Wood

Inside

Bedrooms:4+1
Bedrooms Above Grade:4
Bathrooms:2
Kitchens:1
Family Room:No
Appliances Included:Built-In Oven, Carpet Free, Water Treatment, Water Purifier
Basement:Finished

Parking

Driveway:Private
Garage Type:Detached
Garage Spaces:1
Total Parking Spaces:4

Utilities

Cooling:None
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Septic

Land

Cross Street:Island View and Paradise Lane

$1,499,000

List price

133 Island View Drive, Grey Highlands – Detached for sale · MLS® # X13466048