Value
Photos
Map
$929,900
ESTIMATED
2
BEDROOMS
2
BATHROOMS
X10903385
MLSID

125 Fairway Court 227, Blue Mountains

LUXURIOUS UPPER TWO BEDROOM RIVERGRASS TOWNHOME - Ideal investment or personal use property or mix of the two. Why not have your cake and eat it too? This gorgeous townhome produces about $75,000/year of gross rental revenue. Rivergrass is located along the fairways of the Monterra Golf course, steps away from Blue Mountain Village. This upgraded two bedroom two bathroom is being sold fully furnished and ready to be a rental property, resort condo or full-time residential. It is completely turn-key with towels, linens and kitchen crockery and utensils. Enjoy the gas fireplace on those wintery Blue Mountain nights. Nicely equipped with a washer and dryer. The private balcony overlooks Monterra's 18th Fairway and is ideal for bar-b-qeuing. The front balcony looks out onto the ski hills. Rivergrass residents have the privilege to take the free shuttle bus ride to Blue Mountain Village and the ski lifts. Rivergrass amenities include an outdoor pool for summer use and year round outdoor hot tub. Zoned for short term accommodation license (STA). Buyer to do their own due diligence with the municipality regarding STA license. Additional costs are the annual Association (BMVA) fee of $0.25 per sq.ft. annually and .5% + taxes calculated on the purchase price for Blue Mountain Village Association entry fee. HST is applicable on the purchase price however can be deferred by obtaining an HST number and using the property as a rental 90% of the time.
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Summary

Address
125 Fairway Court 227
MLSID
X10903385
Property Type
Condo Townhouse
Property Category
Bedrooms
2
Bathrooms
2
Rooms
6
Kitchens
1
Area Total
1,070 Square Feet
Building
RIVERGRASS
Zoning
R6
Taxes (Annual)
$2,536.31
Tax Year
2023
Published
January 12, 2024
Days on Market
602 Days
Possession Details
Flexible
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Inclusions

Dishwasher, Dryer, Furniture, Microwave, Refrigerator, Stove, Washer, Window Coverings

Exclusions

TV over fireplace in living room will be replaced with the tv currently in second bedroom Bed (headboard, frame and mattress) and side table in second bedroom The existing sectional sofa will be replaced with 3 seater sofa

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
4-Piece Main Level
Parking Spaces
1
Parking Total
1
Locker
Exclusive
Roof
[]
Construction Materials
[]
Balcony Type
Open
Exposure
East
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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