North Creek

796468 Grey Road 19 Road 101

Blue Mountains, ON L9Y 0N6

Rarely available ground-floor "True One-Bedroom" suite at NorthCreek Resort, offering a separate living area for enhanced privacy and superior rental appeal. This unit is a high-performing turnkey asset, generating $34,419.32 in gross revenue for 2025, with a strong $11,377 in the first three months of 2025 alone, capturing the absolute peak of the ski season. The condo shows beautifully with premium upgrades: granite countertops, extra kitchen storage, new flooring, and a cozy fireplace. Sold fully furnished, including a newer stove and dishwasher, making it ready for guest check-in on Day 1. A Quick Start Guide for Self-Management. Exceptional location for both lifestyle and income: steps from the North Chair for ski-in/ski-out access, and moments from the year-round hot tubs, seasonal outdoor pool, Northwinds Beach, golf, and the popular on-site restaurant, The Indian Spice. A free shuttle service stops at your door, connecting guests to the dining and shopping of Blue Mountain Village in minutes. Investor Highlights: Revenue: $34,419.32 (2025 Gross). CAP RATE: 5.27% Ontario Average Condo Cap Rates: 4.4%-5.1% Financials: Condo fees ($606.66/mo) include water and basic cable. Hydro approx. $110/mo. Closing: HST is applicable but deferrable for registrants. 0.5% BMVA fee payable on closing. Whether adding to a luxury portfolio or seeking a personal four-season retreat that pays for itself, Unit 101 offers a high-ADR profile at an accessible entry point. Don't miss this unique 1-bedroom layout in Ontario's premier resort market.

Listing courtesy of Century 21 Millennium Inc.

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Last checked 2026-01-16 12:29 PM UTC