Step into luxury living with this recently updated one-bedroom suite at Seasons At Blue. Boasting an open-concept layout, this unit offers ample space and privacy, complete with full kitchen facilities and a cozy living area. Rest easy in the comfort of a private bedroom with a queen bed, supplemented by a convenient sofa bed in the living space. Sold fully furnished, this suite is not only a retreat but also a lucrative investment, generating over $21k in net income through the Blue Mountain Resort rental pool program in 2023.\r\nBut that's not all ? having already paid and completed a refurbishment costing almost $55k, this unit stands out among its peers. Featuring new paint, flooring, furniture, bathrooms, and kitchen appliances, it exudes a fresh, contemporary ambiance. Enjoy easy access to village boutiques, as well as a myriad of outdoor activities such as skiing, mountain biking, hiking, and golfing. \r\nIndulge in the resort's amenities, including a year-round outdoor hot tub, seasonal swimming pool, fitness room, and sauna. With two levels of heated underground parking, underground bike storage, and a ski locker, convenience is at your fingertips. Plus, take advantage of exclusive access to a private beach just a short 10-minute drive away on the picturesque shores of Georgian Bay. Condo fees cover utilities, allowing for hassle-free ownership. Experience the ultimate in convenience with ski-in/ski-out access to Blue Mountain's slopes, and embrace the enchanting beauty of each season. Whether you seek a luxurious retreat or a savvy investment opportunity, Seasons At Blue offers the perfect blend of comfort, convenience, and profitability. HST on the purchase price is applicable but may be deferred by obtaining an HST number and participating in the Blue Mountain Resort rental program. 2% + HST Blue Mountain Village Association entry fee is applicable and annual fee of $1.00 +HST per sq.ft. payable quarterly.
Source: CREA
Brokerage: RE/MAX By The Bay Brokerage
MLS: X10894627
Monthly Mortgage Payment *
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Your affordability score is 2
Based on your annual income, you can afford a home around $538,962.46 with similar expenses like taxes, condo fees and utilities.
*Please note this is an estimate and is for educational purposes only. A variety of factors may affect your real world rates, the mortgage amount you qualify for and your monthly payments. Never rely on information or assumptions provided by the calculator to make financial decisions. It is always important to speak with an accredited mortgage professional for advice before making any decisions.
Mortgage Payment
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Increase your down payment to will lead to a positive cash flow. Having a positive cash flow means your property is paying you each month, making it a more stable and reliable investment, even if unexpected expenses pop up.
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Investing in real estate is a big decision and our calculator is here to help you get a quick, initial feel for potential scenarios. Think of it as a helpful exploratory tool to identify potential properties and spark your ideas, rather than a definitive guide. Please remember, the results are for informational purposes only and shouldn't be the sole basis for your investment decisions. Before making any financial commitments, we strongly recommend chatting with a Condo Culture investment advisor to get personalized guidance.
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