125 fairway court unit# 227, the blue mountains

125 fairway court unit# 227

the blue mountains

$929,900 - 2   2

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:38782)

Listing ID: 40522845


  • Amenities NearbyBeach, Golf Nearby, Shopping, Ski area
  • CommunicationHigh Speed Internet
  • EquipmentNone
  • FeaturesCul-de-sac, Balcony, Paved driveway, Shared Driveway
  • Maintenance Fee832.34
  • Maintenance Fee Payment UnitMonthly
  • OwnershipCondominium
  • Parking Spaces1
  • PoolPool
  • Rental EquipmentNone
  • StorageLocker
  • TransactionFor sale
  • Zoning DescriptionR6


  • Cooling TypeCentral air conditioning
  • CoolingYes
  • HeatingForced air
  • Heating FuelNatural gas
  • Fireplaces1
  • Levels2
  • PoolYes
  • SewerMunicipal sewage system
  • Stories2


  • Access TypeRoad access
  • AmenitiesBeach, Golf Nearby, Shopping, Ski area
  • Landscape FeaturesLandscaped
  • SewerMunicipal sewage system
Level Type Dimensions
Main level4pc BathroomMeasurements not available
Main level3pc BathroomMeasurements not available
Main levelBedroom12'0'' x 13'0''
Main levelPrimary Bedroom13'0'' x 13'0''
Main levelLiving room/Dining room13'0'' x 16'0''
Main levelKitchen8'0'' x 9'0''