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210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month
City: Blue Mountains
Neighborhood: Rural Blue Mountains
Purchase Price | $2195000 |
Down Payment | $439000 |
Mortgage Insurance | $0 |
Total Mortgage | $1756000 |
Mortgage Payment | $10821 |
Property Taxes | $335 |
Maintenance Fees | $0 |
Monthly Payment | $11156 |
Located at 210 Arlberg Cres , this Blue Mountains house is available for sale. This property was listed for $2,195,000 on Fri Jul 12 2024. This house's size is 2500-3000 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Br, Br, Br, Br, Br, Br, Br, Br, Br, Br, Br. This property comes with 12 parking spots. 210 Arlberg Cres, Blue Mountains is situated in the Rural Blue Mountains neighbourhood.
MLS#: X8326296 · $2,195,000 · 8 bedroom house in Rural Blue Mountains, Blue Mountains