112 110 Fairway Court

Blue Mountains Blue Mountains L9Y 0P8

SIERRA LANE THREE-BEDROOM TOWNHOME - LICENSED FOR SHORT TERM ACCOMMODATION RENTALS - This beautiful resort condominium is being sold fully furnished and turn-key ready to be rented out. Perfect location for either summer or winter activities. Situated on the first fairway of the award winning Monterra Golf Course and just across the street from Ontario's most popular four season resort, Blue Mountain Village. The perfect combination of investment and/or vacation property awaits you. This condo features new flooring. Mountain and golf course views are spectacular. Sierra Lane has its own private the pool for summer use. Exclusive storage locker just outside the door. Exclusive parking space and ample guest parking. Craigleith Beach, Collingwood and Thornbury are just a short drive away. Buyers are to do their own due diligence regarding short term accommodation licenses. Reputable local rental manager estimates potential gross annual rental revenue between $64K to $79K. No Blue Mountain Village Association entry fee. HST is applicable however can be deferred by obtaining an STA license, operating the property for short term rentals and collecting and remitting HST on the rental revenue. Buyer to do their own due diligence regarding CRA rules on HST. The seller has paid in full the assessment for the new exterior siding assessment. Seller spent $60,000 on interior upgrades two years ago.