184 National Drive, Blue Mountains

$1,250,000
184 National Drive

$1,250,000

New
8d
Att/Row/Townhouse2 1/2 Storey

184 National Drive, Blue Mountains

Total Monthly Obligation $5,818

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
8d
Score
19
Yield
4.7%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Att/Row/Townhouse
MLS® Number-X14083892
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30.05 × 103.38 ft
Listed on site-Oct 15, 2026
Style-2 1/2 Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,806 (2025)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Stone, Wood
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Blue Mountains
Title-Residential Freehold

No agent assigned

Enjoy panoramic views of the ski hills in the sought-after Orchard at Craigleith! This beautifully upgraded and customized Partridge Model townhome chalet offers approximately 1,925 sq. ft. above grade and a total of 2,500 sq. ft. of finished living space. This freehold property combines mountain-inspired charm with exceptional four-season living. The layout captures spectacular ski hill views from the great room, designer kitchen, front deck and spacious primary bedroom. The open-concept great room features a vaulted custom pine ceiling with post-and-beam accents and a lovely stone-faced fireplace, creating a warm and inviting atmosphere for entertaining family and friends. The designer kitchen has an island with breakfast bar, while front and rear decks extend the living space outdoors. Upstairs, the spacious primary suite offers a private ensuite and beautiful ski hill vistas. Two additional bedrooms, a second full bathroom and powder room provide comfortable accommodations for family and guests. The convenient mudroom/laundry room connects to the single-car garage, while the large lower-level family room offers additional space to relax and unwind. Ownership includes the freehold home and lot, plus one share of the common elements, including private roads, pond, parking, trails, greenspace and street lighting. Guest parking is conveniently located across from the front door. Grass cutting and snow removal services are available for added convenience. Walk to skiing at Craigleith Ski Club and the Toronto Ski Club. In summer, pool and tennis access is available through the Craigleith Ski Club Summer Club.

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

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,818/mo
Mortgage $5,042
Monthly Loss $4,491
Principal$1,327
Interest$3,715
Property Tax$401
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.6%40
10-Year IRR
11.0%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$58,884/yr
NOI
$43,690/yr
Net Cash Flow
-$1,401/mo
Cash Margin
-28.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
18.1/ 100

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

Comparables

Properties near 184 National Drive

Time

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