Friday, August 7th, 2026

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$1,499,000
Available - For Sale
Listing ID: X13466048
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!
Price $1,499,000
Taxes: $5,806.06
Occupancy by: Owner
Address: 133 Island View Drive , Grey Highlands, N0C 1E0, Grey County
Directions/Cross Streets: Island View and Paradise Lane
Rooms: 8
Bedrooms: 4
Bedrooms +: 1
Washrooms: 2
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1 3
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 3
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 3
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 3
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 3
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Board & Batten
Wood
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: Decommis
Approximatly Square Footage: 1100-1500
Property Features: Beach
Marina
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
Utilities-Cable: N
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CHESTNUT PARK REAL ESTATE LIMITED

133 Island View Drive , Grey Highlands, N0C 1E0, Grey County

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Detached
Area: Grey County
Municipality: Grey Highlands
Neighbourhood: Grey Highlands
Style: 1 1/2 Storey
Lot Size: x 165.00(Feet)
Approximate Age:
Tax: $5,806.06
Maintenance Fee: $0
Beds: 4+1
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Decommis
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com