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Listed 16 days ago

124 Tyrol Avenue

Blue Mountains, Blue Mountains

$999,999

Detached|2-Storey
4 | 2 | 6
About this home

Scandinavian inspired, 4 season home located in a secluded neighbourhood known as "Swiss Meadows" at the top of Blue Mountain Resort's main chair/gondola.Two units, One House, so many possibilities...Two "turnkey", two-bedroom, units each with their own bathroom, kitchen, laundry, and private outdoor space. Freshly painted inside and out, newer windows throughout. Each unit has a new wall mounted heatpump/AC unit. A large shed, and separate ski closet offer plenty of storage for both units. This 80 x 200 ft lot features a large fire pit area, an outdoor shower, and additional 9.75 x 11.75outbuilding/bunkie perfect for a studio, office, or hangout space to round out the backyard. This investment rental opportunity is perfect in all four seasons. In winter, easy access to Blue Mountain slopes only a block away, or use the Bruce Trail around the corner to hike and cross country ski to Craigleith and Alpine ski clubs. The summer offers endless hiking and cycling opportunities outside your door, and only a short drive away, enjoy Georgian Bay beaches, and your favorite watersports. A quick gondola ride down the mountain and you can explore Blue Mountain Village. Enjoy restaurants, shops, and events in downtown Collingwood and Thornbury only a 15 minute drive away. Live in one unit and rent out the other either full-time, or seasonally; Purchase with a friend, or family member, and split the cost of homeownership. Or, rent out both now, and move here in the future. *For Additional Property Details Click The Brochure Icon Below* ***Seller is a registered Salesperson with RECO.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$2,560
Lot Size79.99 ft x 200 ft
mls© NumberX13853118
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

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  • 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%
$5,118
Property tax
$213
Heat allowance
$150
Housing costs
$5,482 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$169,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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