The Blue Mountains, Blue Mountains, L9Y 0P8
$949,900$000000
Listed by Royal LePage Locations North (Collingwood), Brokerage.
Sierra Lane is the ideal condo complex at Blue Mtn! Easy walk to ski lifts, golf or The Village for dining & shopping, park for free, no fees other than the condo fee of $674/mth, just 2 kms downhill to Northwinds Beach and the Georgian Trail! 3 bdrms, 3 baths, 1852 SF, high ceilings, cozy gas fireplace, open concept great room, beautiful golf course & mountain views! In the last 10 years - new windows, doors & balconies & new exterior landscaping, in the last 5 years - new plank vinyl flooring, new tub in primary ensuite, and new appliances. Location at the Mtn, steps to the complex's gorgeous outdoor pool, excellent year round vacation home or earn rental income with seasonal OR short term rentals. 214 owners use it personally during all major holidays + a good portion of the summer but rent when not using it themselves through Vacasa - they have averaged $21,917 gross rent since 2020 and are already at $16,300 for 2023, easily covering the condo fee, taxes & heat/hydro! Average gas cost is $78/mth, hydro $144/mth but owners have just installed a new Lennox a/c unit & a new forced air blower motor and anticipate a reduction in costs. See LB for description of heat system. Vacasa forecast of potential revenue with no owner usage is up to $78K and is on hand for review. Upper units have the possibility to enclose the area at their front door creating a mudroom entry and increasing square footage; ie: units 207 & 208, see LB.
Central Vac,Dishwasher,Dryer,Hot Water Tank Owned,Microwave,Refrigerator,Stove,Washer,Window Coverings,All Furnishings And Bbq Are Negotiable Outside The Purchase Price
Copyright 2024 Information Technology Systems Ontario, Inc. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Kitchen
Living Room
Dining Room
Bedroom
Bedroom
Bedroom Primary
Loft
The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.