796468 Grey 19 Road 404, Blue Mountains

$299,999
796468 Grey 19 Road 404

$299,999

New
21d
Condo Apartment2-Storey

796468 Grey 19 Road 404, Blue Mountains

Total Monthly Obligation $1,986

Beds
1
Baths
1
Park
2
Sqft
0-499
DOM
21d
Score
65
Yield
11.3%
Cash on Cash
18.2%
Cap Rate
8.5%
5Y IRR
30.4%
10Y IRR
27.3%
Property Type-Condo Apartment
MLS® Number-X13859152
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-31-50
Taxes-$835.76 (2025)
Maintenance-$506.7/mo
Locker-Exclusive
Parking-2 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-CV Real Estate
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Wood
Pool-None
Exterior-Wood
Possession-Flexible
Neighbourhood-Blue Mountains
Title-Residential Condo & Other

No agent assigned

INVESTOR ALERT: Secure a premier, high-performance revenue producer in the heart of North Creek Resort. This "Day 1" ready asset is a proven powerhouse currently managed by Property Valet, boasting a massive established guest base and an impressive $22,137.56 in gross revenue from January to September 2026 alone. On a powerful upward trajectory, this studio offers the ultimate combination of strong investment returns and personal four-season enjoyment. Boasting a premier slope-side location, you are steps from the North Chair for true ski-in/ski-out access and right beside the Toronto Ski Club. The suite shows beautifully with premium upgrades, including new flooring and a cozy fireplace. It is sold 100% turnkey, fully furnished, and equipped to comfortably sleep four guests with a queen bed and a pull-out couch. Currently approved for short-term accommodations (STA). Resort-style living is completely seamless here. Exceptional amenities are right at your fingertips, including year-round hot tubs, a seasonal heated pool, tennis/pickleball courts, community BBQs, overnight security, and the popular on-site "Indian Spice" restaurant. Condo maintenance fees offer incredible value, covering water, Rogers Ignite TV, unlimited high-speed internet, and snow removal right to your door. For effortless access to the area's best attractions, a free shuttle service to Blue Mountain Village shopping, private beach, and dining stops right at your doorstep. Please note that a 0.5% BMVA entry fee is payable on closing by the buyer, a special assessment is in place until 2027, but the owner will pay it in full on closing, and HST is applicable to the sale price (but deferrable for GST/HST registrants). Don't miss this rare opportunity to acquire a high-yield ski property in Ontario's premier resort destination!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$239,999
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$1,986/mo
Mortgage $1,210
Monthly Loss $1,668
Principal$318
Interest$892
Property Tax$70
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.1%63
Cash-on-Cash
10.5%53
5-Year IRR
24.5%98
10-Year IRR
22.8%
Returns Index
72.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
65/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,996/yr
NOI
$21,280/yr
Net Cash Flow
$563/mo
Cash Margin
19.9%73
Cash Flow Index
72.6/ 100
Risk Profile
Weight: 20%
DSCR
1.4770
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
56.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 796468 Grey 19 Road 404

Time

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