133 Island View Drive

Grey Highlands, Ontario N0C 1E0

Overview

At a glance

Days on market129 days
ListedJun 19, 2026
UpdatedOct 22, 2026
Size1100-1500 sq ft
Lot80 x 165 Feet
Property taxes$5,806 (2025)
Parking4 spaces
BasementFinished
MLS® numberX13466048
Data sourcePropTx MLS® System
Listing brokerageCHESTNUT PARK REAL ESTATE LIMITED

About this home

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!

Details

Property

Style
1 1/2 Storey
Fronting on
North
Cross street
Island View and Paradise Lane
Community
Grey Highlands
Municipality
Grey Highlands

Inside

Bedrooms above grade
4
Bedrooms below grade
1
Bathrooms
2
Kitchens
1
Basement
Finished
Family room
No
Fireplace
Yes
Interior features
Built-In Oven, Carpet Free, Water Treatment, Water Purifier

Utilities

Heating
Forced Air
Heating fuel
Gas
Cooling
None
Water
Drilled Well, Shared Well
Sewer
Septic
Electricity
Yes
Cable
No

Building

Construction
Board & Batten , Wood
Foundation
Block
Roof
Asphalt Shingle
Exterior features
Hot Tub, Deck, Landscaped, Recreational Area, Year Round Living, Controlled Entry
Pool
Decommissioned, None

Parking

Garage
Detached
Parking spaces
4
Total parking
4
Driveway
Private

Land

Frontage
80
Depth
165
Lot size units
Feet
Waterfront
Beach Front
Topography
Flat, Level, Open Space
Property features
Beach, Marina, Waterfront, Lake Access, Lake/Pond
Value

What it’s worth

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Market read

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History

Listing history

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Compare

How it compares

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Neighbourhood

Around Grey Highlands

What’s nearby

Backs onto woodsQuiet streetBackyard faces south

  • ParkEugenia Falls Conservation Areaabout 34 min walk
  • Playground about 26 min walk
  • River or lakeEugenia Lakeabout 1 min walk
  • Grocery storeTop O' The Rockabout 29 min walk
  • DowntownFleshertonabout 7.4 km
  • Rec centre or arenaBeaver Valley Ski Clubabout 5.9 km
  • HospitalMarkdale Hospitalabout 11.8 km

Approximate: straight-line distances, and the backyard and street worked out from the map pin and map data © OpenStreetMap contributors. Check school boundaries with the school board.

On the map

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Community

The Grey Highlands market

Grey Highlands sale prices

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Costs

What it would cost

%
%
An example rate. Use the one your lender quotes.
Every monthEstimate
Mortgage payment$0
Property tax$0
Monthly total$0
At closing
Ontario land transfer tax$0

Estimates only, not financial advice. Uses Canadian semi-annual compounding, the minimum down payment and mortgage insurance rules, and Ontario’s land transfer tax brackets. Your lender and lawyer confirm the real numbers. Legal fees, title insurance and moving costs aren’t included.

Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. Listing information from the PropTx MLS® System. Each listing shows the brokerage that represents it. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by PropTx. Last updated October 27, 2026 at 6:43 a.m.

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