New
30
New
31
$1,424,500
313026 Sideroad 35 Side Road, Grey Highlands, ON N0C 1E0
Grey Highlands
4 bd
4 ba
3,500 sf
23
6 days on marketMLS® X13754498
Listing courtesy of RARE REAL ESTATE
Grey Highlands · N0C 1E0
$1,499,000
$1,363 / sq ft2 months on market
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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!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 79% of comparable detached listings in Grey Highlands are asking less.
Based on 95 comparable active detached listings in Grey Highlands. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Royal LePage Locations North
$1,424,500
Grey Highlands
Listing courtesy of RARE REAL ESTATE
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Listing courtesy of Sotheby's International Realty Canada
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Listing courtesy of Royal LePage RCR Realty
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Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE
