796468 Grey 19 Road 211, Blue Mountains

$399,999
796468 Grey 19 Road 211

$399,999

New
20d
Condo Apartment2-Storey

796468 Grey 19 Road 211, Blue Mountains

Total Monthly Obligation $2,719

Beds
2
Baths
2
Park
2
Sqft
600-699
DOM
20d
Score
23
Yield
7.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-X13859154
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-31-50
Taxes-$1,194 (2025)
Maintenance-$805.58/mo
Locker-None
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 & MOUNTAINSIDE RETREAT! Secure a premier, high-performance revenue producer in the heart of North Creek Resort. Unit 211 is a "Day 1" ready asset and a proven financial powerhouse currently managed by Property Valet, boasting an impressive $30,991.17 in gross revenue from January to September 2026 alone. On a powerful upward trajectory, this fully turnkey loft-style property offers the ultimate combination of strong short-term rental (STA) 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 bright, open-concept main floor features an inviting living area with a fireplace, smart TV, and sliding doors to a private balcony. The fully stocked kitchen comes equipped with all utensils, cookware, and dual coffee makers (Keurig and drip). Thoughtfully designed to comfortably sleep up to 6 guests, the layout features a main floor queen bed nook, a queen pull-out sofa bed, and a full main floor bathroom. Upstairs, the spacious second-floor loft features a king bed and a private ensuite bathroom. Resort-style living is completely seamless here. Exceptional on-site amenities include year-round hot tubs, a seasonal heated pool, tennis/pickleball courts, community BBQs, coin laundry, and the popular "Indian Spice" restaurant. The 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, dining, and the private beach stops right at your doorstep.Note: 0.5% BMVA entry fee payable on closing by the buyer. The current special assessment will be PAID IN FULL on closing by the seller. HST is applicable to the sale price but deferrable for GST/HST registrants.

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

Closing Costs

Mortgage Amount
$319,999
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,719/mo
Mortgage $1,613
Monthly Loss $2,294
Principal$425
Interest$1,189
Property Tax$100
Condo Fees$806
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
12.0%50
10-Year IRR
12.5%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,512/yr
NOI
$15,100/yr
Net Cash Flow
-$355/mo
Cash Margin
-13.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.5/ 100

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

Comparables

Properties near 796468 Grey 19 Road 211

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.