796468 Grey Road 19 306, Blue Mountains

$300,000
796468 Grey Road 19 306

$300,000

New
22d
Condo ApartmentBachelor/Studio

796468 Grey Road 19 306, Blue Mountains

Total Monthly Obligation $1,989

Beds
1
Baths
1
Park
1
Sqft
0-499
DOM
22d
Score
65
Yield
11.3%
Cash on Cash
18.1%
Cap Rate
8.5%
5Y IRR
30.4%
10Y IRR
27.3%
Property Type-Condo Apartment
MLS® Number-X13850168
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 1, 2026
Style-Bachelor/Studio
Building Type-Condo Apartment
Taxes-$867.23 (2026)
Maintenance-$506.7/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Other (Electric)
Brokerage-Chestnut Park Real Estate
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Wood
Possession-Flexible
Neighbourhood-Blue Mountains
Title-Residential Condo & Other

No agent assigned

North Creek Resort at Blue ~ income plus enjoyment! Great studio unit centrally located, close to the ski gate to Blue Mountain ski hill, and the shared amenities. Currently short term accommodation (STA) licence approved and renting on Airbnb, buyer to apply and meet criteria with the Town of The Blue Mountains if you wish to continue renting the unit out. Fully furnished and equipped, with a queen bed, pull out couch, in total the unit sleeps 4. Options available for combination of personal use, nightly/weekend/extended rentals. Enjoy the community amenities such as the year round outdoor hot tub, summer heated swimming pool, tennis/pickleball courts, community BBQ, lounge in Gatehouse, overnight security, snow removal to right to the door, Rogers Ignite TV and unlimited Internet, all included in Condo Maintenance. Conveniently dine onsite at the Indian Restaurant, or you can walk or bike to the Village at Blue Mountain. Special assessment until 2027. North Creek Resort at Blue was previously known as Mountain Springs Resort. This is your chance to enjoy your weekend getaways & four season vacations, and supplement the costs with rental possibilities year round.

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

Closing Costs

Mortgage Amount
$240,000
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$1,989/mo
Mortgage $1,210
Monthly Loss $1,671
Principal$318
Interest$892
Property Tax$72
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.1%63
Cash-on-Cash
10.4%53
5-Year IRR
24.5%98
10-Year IRR
22.7%
Returns Index
72.8/ 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
$21,249/yr
Net Cash Flow
$561/mo
Cash Margin
19.8%72
Cash Flow Index
72.3/ 100
Risk Profile
Weight: 20%
DSCR
1.4670
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
56.0/ 100

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

Comparables

Properties near 796468 Grey Road 19 306

Time

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