Business For Sale · Specialty

107 - 796404 GREY 19 ROAD, Blue Mountains

107 - 796404 GREY 19 ROAD, Blue Mountains, ON L9Y0N8

$729,900 total

1,116 SF

Asset Class

Specialty

Size

1,116 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$654

Occupancy

94%

About this property

Investment Opportunity - for your own use, use and rent out or generate income with it solely as a rental. TRUE SKI IN/SKI OUT unit on the main/ground floor. Also can take the shuttle that comes to the parking lot for pick-up. Use as an investment or for yourself - short term rentals allowed. Turnkey 2 bedrooms, 2 baths including the primary en-suite. All furnishings included. Enter from the front into an open concept kitchen and dining room. Also can enter from the hillside into the warm and cozy living room with a warm fireplace. Fully equipped Updated kitchen. Enter the sunken living room with a warm gas fireplace as you put your feet up and look out your window to the Happy Valley ski slopes and mountain side. Patio and garden outside to enjoy a winter or summer B.B.Q with family and friends. Summer hikes up the mountain. 3 min drive to the Northwinds beach. 5 min drive to Scandinavian Spa. Walking distance to Golf Course. Stay where you play at Chateau Ridge. A Village experience with eateries and nightlife. Luxuriate in the nearby local spa within minutes of the townhouse. Many trails and winter/summer attractions. Golfing in the area. All these amenities to fill your day with fun! *** Visitor parking, outside locker, lockable indoor storage/locker, backyard patio for B.B.Q. On-site Blue Mountain security. Maintenance fee includes Building insurance, building maintenance, ground maintenance/landscaping, parking, property management fees, Roof, Bell Fibe internet and cable. Maintenance Fees include snow shoveling of parking and common area. Landscaping. Exterior repairs. Parking - 3 in total, exclusive use with passes. (id:66811)

Financial sandbox

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Estimate
Purchase price$730K
Down payment30% · $219K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$48K

Annual cash flow

$7K

Cash-on-cash

3.31%

DSCR

1.18

Going-in cap

6.53%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.584 SF2027-01
Cascade Foods Inc.400 SF2027-01
Cascade Foods Inc.400 SF2027-01

Area demographics

Trade area within 3 miles of the property.

Population

116,500

Households

50,830

Median income

$73,500

Median age

39.4

Daytime population

158,070

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 107 - 796404 GREY 19 ROAD, Blue Mountains.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.