471 days on market
$2,195,000
For Sale

Arlberg Cres

Rural Blue Mountains, Blue Mountains

8+3 Bed|4+3 Bath|Yes|471 days on market

$2,195,000

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Home Details

Taxes
$336 / month
Total Parking Spots
12
Driveway
Front Yard
Garage Spaces
0
Furnished
No
Lot Size
50.00 x 190.00 Feet
Move-in Date
Immediate
Building Age
31-50 Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Finished, Full
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Board/Batten, Stucco/Plaster
Zoning
RR-131
Sewer
Sewers
Property Type
Multiplex
Style
3-Storey
Status
Extended
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Listing Description

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

Property History

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Rooms

Room dimensions for Arlberg Cres, Blue Mountains
Living
19 x 11209 sqft
Br
10 x 12120 sqft
Br
7 x 1284 sqft
Br
7 x 1284 sqft
Br
8 x 1296 sqft
Br
10 x 12120 sqft
Br
7 x 1284 sqft
Br
17 x 8136 sqft
Br
17 x 11187 sqft
Br
8 x 1296 sqft
Br
8 x 1296 sqft
Br
8 x 1296 sqft

Market Trends and Insights

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Total Mortgage


Purchase Price$2195000
Down Payment$439000
Mortgage Insurance$0
Total Mortgage$1756000

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Mortgage Payment$10821
Property Taxes$335
Maintenance Fees$0
Monthly Payment$11156
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About Arlberg Cres, Blue Mountains

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