125 Fairway Crt 120
Blue Mountain Resort Area, Blue Mountains, L9Y 0P8
FOR SALE
$799,000
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Property Description
Escape to the heart of Blue Mountain with this beautifully appointed main floor 2-bedroom, 2-bathroom condo in the exclusive Rivergrass development with prime pool side views.Well established on the Blue Mountain Resorts' short-term rental program and generating approximately 80k per year, this unit provides the ideal balance of investment potential and personal enjoyment. Step into an inviting open-concept living space featuring a cozy gas fireplace, perfect for aprs-ski relaxation or brisk summer evenings. The well-designed kitchen comes fully equipped, flowing seamlessly into the dining and living areas, making entertaining effortless. Both bedrooms offer spacious comfort, with the primary suite boasting a private ensuite.Enjoy spectacular views of the pool or golf course from your private patio, and take advantage of the resort's world-class amenities, from pools and hot tubs to golf and skiing. Plus, with direct shuttle service to the Blue Mountain Village, you're just moments away from boutique shopping, fine dining, and year-round entertainment.Whether you're looking for a personal retreat or a savvy investment, this unit is your key to Blue Mountain living. Dont miss this opportunity to own a piece of Blue Mountain!
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Extras
Fully furnished unit on the Blue Mountain Resorts Rental Program generating apprx 80k in annual gross rent.
Property Features
Cul De Sac, Golf, Lake/Pond, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,631 (2024)
Basement
Crawl Space, Unfinished
Exterior
Board/Batten, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.25' x 15.91' | Gas Fireplace, Walk-Out, Open Concept |
Dining | Main | 6.92' x 16.01' | Open Concept, Open Concept |
Kitchen | Main | 8.50' x 9.42' | Tile Floor, Open Concept |
Prim Bdrm | Main | 12.07' x 12.83' | 3 Pc Ensuite, Large Window, Large Closet |
2nd Br | Main | 12.66' x 12.93' | Large Closet, Large Window, Broadloom |
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Blue Mountains Market Statistics
Blue Mountains Price Trend
125 Fairway Crt 120 is a 2-bedroom 2-bathroom townhome listed for sale at $799,000, which is $397,222 (98.9%) higher than the average sold price of $401,778 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom townhome in Blue Mountains declined by $48,222 (10.7%) compared to the previous 30 day period (October 22 - November 20) and down $174,122 (30.2%) from the same time one year ago.Inventory Change
There were 15 2-bedroom townhomes listed in Blue Mountains over the last 30 days (November 21 - December 20), which is up 1,400.0% compared with the previous 30 day period (October 22 - November 20) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Blue Mountains typically sold ($25,139) (6.3%) below asking price over the last 30 days (November 21 - December 20), which represents a $20,761 increase compared to the previous 30 day period (October 22 - November 20) and ($24,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Blue Mountains over the last 30 days (November 21 - December 20) stood at 153.3%, up from 100.0% over the previous 30 days (October 22 - November 20) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Blue Mountains stood at 31 days when successfully sold over the last 30 days (November 21 - December 20), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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