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Listed 2 months ago

231 - 156 Jozo Weider Boulevard

Blue Mountains, Blue Mountains

$275,000

Condo Apartment |
0 | 1 | 1 | 1
About this home

Welcome to Suite 231 at The Grand Georgian, ideally located in the heart of Blue Mountain Village in a true ski-in, ski-out location. Step outside and you're at the base of the mountain, with slopes, lifts, restaurants, shops and year-round recreation at your doorstep. This fully furnished studio suite offers a smart, functional layout, with a cozy fireplace, pull-out sofa and private balcony in the open living area, plus a full kitchen for comfortable extended stays. Accommodating up to four, it's an ideal four-season getaway, cottage alternative or investment property. Suite 231 also sits away from the elevator for a quieter setting, with stair access nearby for quick trips in and out. Owners and guests enjoy a seasonal outdoor pool, two year-round hot tubs, sauna, fitness room and heated underground parking. Owners also have the option to book larger suites on-site at discounted homeowner rates, ideal for hosting more guests or spreading out when needed. Owners may participate in Blue Mountain Resort's full-service rental program to help offset ownership costs while still enjoying liberal personal use. Condo fees include all utilities, and HST may be deferred through the rental program. A 2% Blue Mountain Village Association entry fee applies on purchase, plus an annual fee. Exceptional value for a true ski-in, ski-out property - Suite 231 is a rare chance to own in one of Ontario's premier resort destinations.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$714
LockerEnsuite
BalconyJuliette
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,084
mls© NumberX13699150
Listed ByONE PERCENT REALTY LTD.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,408
Property tax
$90
Heat allowance
$150
Condo fees, half counted
$357
Housing costs
$2,005 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $55,000
25-yr amortization

Income needed

$62,000

gross annual household income

Payment at 4%
$1,157 / mo
Cash down
$55,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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