796468 Grey Road, Unit 806, Blue Mountains, ON

$399,800
MLS#:X9243463
1 beds
1 baths
0-499 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bachelor/Studio condo apartment located in the coveted neighborhood of Blue Mountains. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $399,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Other
  • equipped with wall unit(s) central cooling and highly efficient other heating via electric

Description

Amazing opportunity to own a condo with year round tourism. Which includes skiing, golf, hiking and so much more. Fully furnished turn key investment. Short term rental zone North Creek Resort. Upgraded with laminate & ceramic flooring. Full bathroom. Spacious kitchen. Fully equipped with small appliances, dishes, cutlery. Great open concept. You can ski right to the ski lift. Walk-out to the Toronto Ski Club and North Chairlift.

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Property Summary

This condo apartment located at 796468 Grey Road, Blue Mountains is currently for sale and has been available on SousaSells for 710 days. This property is listed at $399,800 with an estimated mortgage of $1,331* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 796468 Grey Road, Blue Mountains is in the Blue Mountains neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 29, 2024
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleBachelor/Studio
ConstructionWood
BasementNone
CountyGrey County
Annual Tax$860

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeSurface

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingWall Unit(s)

Features

Property Features

Golf, Park, Skiing

Interior Features

Other

Security Features

Community Features

Location

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796468 Grey Road, Unit 806, Blue Mountains, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 796468 Grey Road 806, Blue Mountains, ON L9Y 0N6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Blue Mountains.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,940 (30.0%)
* Minimum Canadian down payment required for this price is $19,990.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,860 over 30 years.
Purchase Price$399,800
Loan Amount$279,860
Provincial Land Transfer Tax:$4,472
Total Estimated Closing Taxes:$4,472

About Purchasing a Home in Blue Mountains, ON

For a property listed at $399,800 in Blue Mountains, the legal minimum down payment is $19,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,472 for this transaction. As this listing is in Blue Mountains (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,472.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Blue Mountains, Blue Mountains.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,405,629

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.