The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
TWO BEDROOM / TWO BATHROOM FULLY FURNISHED RIVERGRASS TOWNHOME - Your search is over. Whether you're a real estate investor looking for an income generating property or just looking for a great weekend home for your family, discover the beauty and convenience of this Rivergrass townhome located on the 18th fairway of the award winning Monterra Golf Course. Rivergrass is just steps away from Blue Mountain Village, Ontario's most popular four-season resort. This coveted main floor corner unit is also conveniently situated close to the Rivergrass hot-tub and seasonal outdoor swimming pool. The open concept living room / dining room / kitchen features a gas fireplace and walk-out to the private patio, perfect for BBQing. The primary bedroom includes a 3-piece ensuite, and the second is a spacious bedroom offering two closets. Additional exterior storage just outside the front door. No need to walk in ski boots carrying your skis or snowboard to the ski lifts as Rivergrass has shuttle service to and from Blue Mountain Village for owners. For those not wanting a rental property HST IS INCLUDED IN THE PURCHASE PRICE. The current owner of 15 years, has never rented out the property. For the investor, Rivergrass is zoned for short term rentals such as AIRBNB, VRBO or other rental programs such as Vacasa or Property Valet. Owners can also hybrid the townhome by renting it out while not using it and blocking it off for personal usage, the best of both worlds. (1% Blue Mountain Village Association entry fee applies. Buyers are to do their own due diligence regarding a Short Term Accommodation license).
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,585/mo
Mortgage (principal + interest)$2,431
Property taxFrom listing: $2,836/yr$236
Condo feesFrom listing$917
Minimum $39,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$129,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$142,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Blue Mountains has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
