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Investment signal

$435,000

410 - 796468 19 GREY ROAD

Beds

2

Baths

2

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

NORTH CREEK RESORT Short-term accommodation unit! Ideally located at the base of Blue Mountain, this beautifully updated studio loft is a standout unit. Fully renovated throughout, including an enclosed loft, the space is currently configured with a lofted primary bedroom and two custom-built sofa beds on the main level, comfortably accommodating up to six guests. The flexible layout also allows for the easy addition of a main floor bed if desired.Thoughtfully designed and tastefully finished, the kitchen features wood countertops and apartment-sized stainless steel appliances. Both bathrooms have been completely renovated and offer spacious walk-in showers. This unit is being sold turnkey, with all furnishings and décor included for immediate enjoyment. Currenlty managed by Hosting Blue, financias are available upon request. A 0.5% Blue Mountain Village Association (BMVA) fee is payable by the buyer on closing. Enjoy true ski-in/ski-out convenience, located just steps from the pathway to the North Chair. Whether for personal use or as an income property, this condo offers excellent rental potential. It's just a short walk to Blue Mountain Village, or take advantage of the convenient shuttle service available at the front of the resort. On-site amenities include an outdoor pool, hot tub, tennis courts, and a popular Indian restaurant. Condo fees include water and basic cable, making this an easy and enjoyable four-season getaway and great investment opportunity!! (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
Blue Mountains
Common interest
Condo/Strata
Bedrooms
2 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$806.57 monthly
Stories
2
Fireplace
1
On market
Mar 31, 2026
Status changed
Apr 13, 2026
Annual tax
$1,193.95
Zoning
C-34
Photos
50
MLS#
X12940612
Area
BLUE_MOUNTAINS

Features and systems

Parking

CoveredNo Garage

Basement

None

Appliances

RefrigeratorDishwasherStoveMicrowaveFurnitureWindow CoveringsWater Heater

Heating

Other

Cooling

Wall unit

Exterior

Wood

Foundation

Concrete

Lot

HillsideWooded areaSlopingOpen spaceFlat siteBalconyDryMountainHillyCarpet FreeLaundry- Coin operated

Community

Pets Allowed With Restrictions

Pool

Outdoor pool

Utilities

Wireless

Security

Smoke Detectors

Fee includes

Common Area MaintenanceCable TVWaterParking
Negative cash flow ~$892/mo at these assumptions

Cash on cash

-12.30%

Cap rate

3.43%

GRM

16.7

Break-even rent

$3,114

Financing

Down payment$87,000
Loan amount$348,000
Mortgage$2,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$199
Insurance$80
Maintenance$363
CapEx reserve$181
Vacancy loss$109

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Blue Mountains. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,135/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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