133 Island View Drive Grey Highlands, ON N0C 1E0
Listing Courtesy of: PropTX - IDX / Listed By: Chestnut Park Real Estate Limited

  133 Island View Drive Grey Highlands, ON N0C 1E0

Active
$1,499,000 (CAD)
5
BED
2
BATH
1100-1500
SQFT

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!

MLS®:
X13466048
Taxes
$5,806(2025)
Type
Single-Family Home
Style
1 1/2 Storey
Views
Clear, Trees/Woods, Forest, Lake, Water
County
Grey County
Community
Grey Highlands

Listed By

Chestnut Park Real Estate Limited
Source
PropTX - IDX
Last checked Aug 28 2026 at 8:37 PM EDT
Bathroom Details
Interior Features
  • Built-In Oven
  • Water Purifier
  • Carpet Free
  • Water Treatment
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Finished
Pool Information
  • None
  • Decommissioned
Exterior Features
  • Wood
  • Board & Batten
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Septic
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Parking
  • Private
Stories
  • 2
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 13:37