125 Fairway Court Unit 119, Blue Mountains

Price: $739,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12357115

Experience True Four-Season Living at Blue Mountains Rivergrass Community! Welcome to this beautifully updated ground-floor end unit in the highly sought-after Rivergrass community at Blue Mountain. Fully furnished and move-in ready, this turnkey property is the perfect blend of personal retreat and smart investment opportunity. Whether you're seeking a year-round residence, a weekend getaway, or a profitable short-term rental, this unique unit offers flexibility and ease. As part of the rental program, owners can earn up to $60,000 annually in gross income with full property management services including booking, guest communication, cleaning, and maintenance. Simply let the team know when you want to enjoy it yourself, and they'll have everything ready for your arrival. Inside, you'll find a bright, open-concept layout with 2 spacious bedrooms, 2 full bathrooms, and generous living spaces. The south-facing living room features oversized windows and a cozy gas fireplace, perfect for après-ski relaxation. The adjacent dining area flows seamlessly into the modern kitchen ideal for entertaining or family meals. Step outside to your wraparound patio, perfect for BBQs and unwinding any time of year. Just steps away are the year-round hot tub and seasonal outdoor pool, offering resort-style amenities right at your doorstep. Additional highlights include: Private exterior storage closet, only a 10-minute walk to Blue Mountain Village, shuttle service available directly from your door, close proximity to Monterra Golf, Blue Mountain Resort, and the private Blue Mountain Beach Club. This is the closest unit to the Blue Mountain shuttle stop, making it even more convenient for guests and owners alike.

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$739,000 - 125 Fairway Court Unit 119, Blue Mountains

Condo for Sale in Blue Mountains

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12357115
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Blue Mountains
Locker
Owned
Exposure
North West
Balcony
None
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Experience True Four-Season Living at Blue Mountains Rivergrass Community! Welcome to this beautifully updated ground-floor end unit in the highly sought-after Rivergrass community at Blue Mountain. Fully furnished and move-in ready, this turnkey property is the perfect blend of personal retreat and smart investment opportunity. Whether you're seeking a year-round residence, a weekend getaway, or a profitable short-term rental, this unique unit offers flexibility and ease. As part of the rental program, owners can earn up to $60,000 annually in gross income with full property management services including booking, guest communication, cleaning, and maintenance. Simply let the team know when you want to enjoy it yourself, and they'll have everything ready for your arrival. Inside, you'll find a bright, open-concept layout with 2 spacious bedrooms, 2 full bathrooms, and generous living spaces. The south-facing living room features oversized windows and a cozy gas fireplace, perfect for après-ski relaxation. The adjacent dining area flows seamlessly into the modern kitchen ideal for entertaining or family meals. Step outside to your wraparound patio, perfect for BBQs and unwinding any time of year. Just steps away are the year-round hot tub and seasonal outdoor pool, offering resort-style amenities right at your doorstep. Additional highlights include: Private exterior storage closet, only a 10-minute walk to Blue Mountain Village, shuttle service available directly from your door, close proximity to Monterra Golf, Blue Mountain Resort, and the private Blue Mountain Beach Club. This is the closest unit to the Blue Mountain shuttle stop, making it even more convenient for guests and owners alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,791.45/mo

Includes CMHC insurance ($20,618)

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5-yr fixed avg.

Principal: $665,100Interest: $451,718
Mortgage Amount$685,718
Total Interest$451,718
Est. Property Tax$523/mo
Total Cost$1,137,436

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Blue Mountains

Discover Blue Mountains

Blue Mountains is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Blue Mountains

  • Convenient location in Blue Mountains
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Blue Mountains offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

125 Fairway Court Unit 119, Blue Mountains

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$523
Insurance (est.)-$154
Net Cash Flow+$1,033

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $739/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Blue Mountains properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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