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SIERRA LANE THREE-BEDROOM TOWNHOME - LICENSED FOR SHORT TERM ACCOMMODATION RENTALS - This beautiful resort condominium is being sold fully furnished and turn-key ready to be rented out. Perfect location for either summer or winter activities. Situated on the first fairway of the award winning Monterra Golf Course and just across the street from Ontario's most popular four season resort, Blue Mountain Village. The perfect combination of investment and/or vacation property awaits you. This condo features new flooring. Mountain and golf course views are spectacular. Sierra Lane has its own private the pool for summer use. Exclusive storage locker just outside the door. Exclusive parking space and ample guest parking. Craigleith Beach, Collingwood and Thornbury are just a short drive away. Buyers are to do their own due diligence regarding short term accommodation licenses. Reputable local rental manager estimates potential gross annual rental revenue between $64K to $79K. No Blue Mountain Village Association entry fee. HST is applicable however can be deferred by obtaining an STA license, operating the property for short term rentals and collecting and remitting HST on the rental revenue. Buyer to do their own due diligence regarding CRA rules on HST. The seller has already paid $19,606.51 for new exterior siding assessment. $10,503.01 is owing September 1st, 2025.
All furniture, fixtures and accessories currently in the condominium.
City: Blue Mountains
Neighborhood: Blue Mountains
Purchase Price | $859900 |
Down Payment | $171980 |
Mortgage Insurance | $0 |
Total Mortgage | $687920 |
Mortgage Payment | $4239 |
Property Taxes | $272 |
Maintenance Fees | $750 |
Monthly Payment | $5261 |
Sold Comparables homes near 110 Fairway Crt, Unit #112, Blue Mountains
Located at 110 Fairway Crt Unit #112, this Blue Mountains condo is available for sale. This property was listed for $859,900 on Mon May 05 2025. This condo's size is 1600-1799 Sqft. It has 3 bedrooms and 3 bathrooms. Monthly maintenance is $750 per month and taxes are approximately $3,263 annually. Views are to the West from this property. Step outside onto the open balcony. The property includes the following rooms: , , , , , , , , , , , . This property comes with 1 parking spots. This property also comes with a locker. 110 Fairway Crt, Blue Mountains is situated in the Blue Mountains neighbourhood.
MLS#: X12117600 · $859,900 · 3 bedroom condo in Blue Mountains, Blue Mountains