Rarely available ground-floor "True One-Bedroom" suite at NorthCreek Resort, offering a separate living area for enhanced privacy and superior rental appeal. This unit is a high-performing turnkey asset, generating $34,419.32 in gross revenue for 2025, with a strong $11,377 in the first three months of 2025 alone, capturing the absolute peak of the ski season. The condo shows beautifully with premium upgrades: granite countertops, extra kitchen storage, new flooring, and a cozy fireplace. Sold fully furnished, including a newer stove and dishwasher, making it ready for guest check-in on Day 1. A Quick Start Guide for Self-Management. Exceptional location for both lifestyle and income: steps from the North Chair for ski-in/ski-out access, and moments from the year-round hot tubs, seasonal outdoor pool, Northwinds Beach, golf, and the popular on-site restaurant, The Indian Spice. A free shuttle service stops at your door, connecting guests to the dining and shopping of Blue Mountain Village in minutes. Investor Highlights: Revenue: $34,419.32 (2025 Gross). CAP RATE: 5.27% Ontario Average Condo Cap Rates: 4.4%-5.1% Financials: Condo fees ($606.66/mo) include water and basic cable. Hydro approx. $110/mo. Closing: HST is applicable but deferrable for registrants. 0.5% BMVA fee payable on closing. Whether adding to a luxury portfolio or seeking a personal four-season retreat that pays for itself, Unit 101 offers a high-ADR profile at an accessible entry point. Don't miss this unique 1-bedroom layout in Ontario's premier resort market.
Under Contract:
Hot Water Heater
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
500-599
Topography:
Wooded/Treed, Hillside, Mountain
Exposure:
North
Bedrooms:
1+0
Bathrooms:
1.0
Kitchens:
1
Kitchens in Basement:
0
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
4
Rooms Below Grade:
0
Fractional Ownership:
No
Zoning:
C-34
Assignment:
No
Heating type:
Other
Heating Fuel:
Other
Fireplaces:
1
Storey:
1
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Balcony:
Enclosed
Basement:
None
Fireplace Features:
Electric
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Surface
Parking Type:
Common
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker Number:
101
Locker Level:
1
Locker Unit:
101
Locker:
Exclusive
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Maintenance Fee:
$606.66
Maintenance fees include:
Water Included, Cable TV Included, Common Elements Included, Parking Included
Parking Cost per Month:
$0
Assessment:
$110,000
Assessment Year:
2025
Development Charges Paid:
Yes
Taxes:
$1,094 /
2025
Assessment:
$110,000.00 /
2025
Grey County
Blue Mountains
Blue Mountains
Beach, Skiing, Wooded/Treed, Golf, Park
Water Heater
Lighting, Landscape Lighting, Deck, Recreational Area, Seasonal Living, Year Round Living
Data was last updated January 16, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$498,000
Min list price:
$239,900
Max list price:
$1,125,000
Avg days on market:
60
Min days on market:
1
Max days on market:
602
These statistics are generated based on the current listing's property type
and located in
Blue Mountains. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.