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125 Fairway Court Unit 227, The Blue Mountains

  • Bedrooms: 2
  • Bathrooms: 2
  • Living area: 1070 sqft
  • Type: Apartment
Source: Public Records

Property Details

LUXURIOUS UPPER TWO BEDROOM RIVERGRASS TOWNHOME - Ideal investment or personal use property or mix of the two. Why not have your cake and eat it too? This gorgeous townhome produces about $75,000/year of gross rental revenue. Rivergrass is located along the fairways of the Monterra Golf course, steps away from Blue Mountain Village. This upgraded two bedroom two bathroom is being sold fully furnished and ready to be a rental property, resort condo or full-time residential. It is completely turn-key with towels, linens and kitchen crockery and utensils. Enjoy the gas fireplace on those wintery Blue Mountain nights. Nicely equipped with a washer and dryer. The private balcony overlooks Monterra's 18th Fairway and is ideal for bar-b-qeuing. The front balcony looks out onto the ski hills. Rivergrass residents have the privilege to take the free shuttle bus ride to Blue Mountain Village and the ski lifts. Rivergrass amenities include an outdoor pool for summer use and year round outdoor hot tub. Zoned for short term accommodation license (STA). Buyer to do their own due diligence with the municipality regarding STA license. Additional costs are the annual Association (BMVA) fee of $0.25 per sq.ft. annually and .5% + taxes calculated on the purchase price for Blue Mountain Village Association entry fee. HST is applicable on the purchase price however can be deferred by obtaining an HST number and using the property as a rental 90% of the time. (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: None
  • Utilities: Natural Gas, Electricity, Cable, Telephone
  • Year Built: 2003
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
  • Directions: Grey Road 19 to Jozo Weider Boulevard to Fairway Court
  • Living Area: 1070
  • Lot Features: Cul-de-sac, Balcony, Paved driveway, Shared Driveway
  • Photos Count: 38
  • Water Source: Municipal water
  • Parking Total: 1
  • Pool Features: Pool
  • Bedrooms Total: 2
  • Structure Type: Apartment
  • Association Fee: 832.34
  • Common Interest: Condo/Strata
  • Fireplaces Total: 1
  • Parking Features: None
  • Subdivision Name: Blue Mountains
  • Tax Annual Amount: 2536.31
  • Exterior Features: Wood
  • Zoning Description: R6
  • Architectural Style: 2 Level
  • Construction Materials: Wood frame
Room Dimensions
Type Level Dimensions
4pc Bathroom Main level
3pc Bathroom Main level
Bedroom Main level 13'0'' x 12'0''
Primary Bedroom Main level 13'0'' x 13'0''
Living room/Dining room Main level 16'0'' x 13'0''
Kitchen Main level 9'0'' x 8'0''

Nearby Places

Name Type Address Distance
Kaytoo Restaurant and Bar Night club 176 Jozo Weider Blvd 0.3 km
Firehall Pizza Co Restaurant 162 Jozo Weider Blvd 0.3 km
Club Intrawest - Blue Mountain Lodging 276 Jozo Weider Blvd 0.4 km
Twist Martini & Wine Lounge Restaurant 170 Jozo Weider Blvd #31 0.4 km
Tholos Restaurant Inc Restaurant 170 Jozo Weider Blvd 0.4 km
Blue Mountain Resort Restaurant 108 Jozo Weider Blvd 0.5 km
Sunset Grill At Blue Mountain Inc Restaurant 190 Jozo Weider Blvd 0.5 km
Rusty's at Blue Bar 150 Jozo Weider Blvd 0.5 km
Royal Majesty Espresso Bar Bakery Bakery 190 Jozo Weider Blvd d5 0.5 km
Copper Blues Night club 156 Jozo Weider Blvd 0.5 km
The Westin Trillium House, Blue Mountain Lodging 220 Gord Canning Dr 0.5 km
Oliver & Bonacini Café Grill Cafe 220 Gord Canning Dr 0.5 km
Similar Condos Stat in The Blue Mountains
We have found 6 Condos that closely match the specifications of the property located at 125 Fairway Court Unit 227 with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 679,000 and 1,239,888, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the L9Y0P8 postal code area of The Blue Mountains Ontario Canada.
125 Fairway Court Unit 227 mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 125 Fairway Court Unit 227. The current price of the property is $929,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $743,920. This would result in a monthly mortgage payment of $4,348 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 30
Bachelor's degree 85
University / Below bachelor level 20
College 35
Degree in medicine 10
University degree at bachelor level or above 130

Neighbourhood Marital Status Stat

Married 345
Widowed 25
Divorced 40
Separated 5
Never married 90
Living common law 25
Married or living common law 370
Not married and not living common law 160

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 45
1991 to 2000 50
2001 to 2005 25
2006 to 2010 45
Comparison of 125 Fairway Court Unit 227, The Blue Mountains, ON with Nearby Condos
Nearby Cities Listings Avg. price
Wasaga Beach Homes for Sale 405 $827.149
Springwater Homes for Sale 192 $1.299.518
Clearview Homes for Sale 96 $1.239.719
Grey Highlands Homes for Sale 97 $1.054.261
Meaford Homes for Sale 77 $1.123.209
Midland Homes for Sale 162 $958.936
Huntsville Homes for Sale 267 $957.441
Tiny Homes for Sale 273 $1.097.879
Popular Cities Listings Avg. price
Barrie Homes for Sale 949 $1.060.364
Innisfil Homes for Sale 424 $1.472.465
Collingwood Homes for Sale 308 $949.703
Georgina Homes for Sale 388 $1.316.152
Caledon Homes for Sale 451 $2.787.868
Other Homes for Sale 1373 $975.787
Vaughan Homes for Sale 1142 $1.648.120
Richmond Hill Homes for Sale 759 $1.817.192
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