Affordable Blue Mountain Condo

We get several enquiries a week about a particular condominium development near the slopes.  Understandably, it’s the pricing of the units that attract people as they generally run between $100-$150,000.  That particular development however has unique issues that, when discovered, often send people in search of other options.  (Yes, I’m being careful here on purpose as I don’t want to offend or mislead anyone.)

It’s good to know that there are other options for people who want to enjoy the resort lifestyle without the cost associated with many properties in Blue Mountain where average prices are well over $400,000 for residential properties.  One such option is in a unique development known as Craigleith Shores.

The property was originally built and run as a successful hotel and popular restaurant/night club.  At some point in the 1980’s, it was converted into a residential condominium complex and I must say, it’s one of the areas best kept secrets.

Craigleith Shores is located in the heart of Blue Mountain directly opposite Georgian Bay just east of the Provincial Campground on Highway 26.  The building sits on estate-like grounds used exclusively at the pleasure of the residents which are a mix of full-time and part-time owners and tenants in all age groups.  The Georgian Trail is right behind the property and it’s a quick walk or cycle to grab the morning paper at the Craigleith Mac’s store not far away.  People can hop across the road to boat, fish, sailboard or swim in Georgian Bay or, they can enjoy the private outdoor pool right on the grounds.  There are sitting areas amid the trees, a basketball net, a secure bike storage shed, on-site laundry facilities and a sauna for winter use.  The property is also just minutes away from the slopes at Blue Mountain, from area ski clubs, golf clubs or from the towns of Collingwood and Thornbury.

Uniquely, the building has a security-controlled entrance and on-site superintendants who maintain the development to near perfection.  Owners can rent their units out in compliance with the Town of Blue Mountains by-laws (no rentals less than 30 days) or can enjoy worry-free living either full-time or part-time as they wish.

I’ve just listed what is perhaps the finest unit in the building as it has been completely renovated and is simply gorgeous.  It’s very affordably priced at $129,900 with taxes of only $883.00 this year and condo fees of $182.00 per month.  I can’t think of anything else in the area with comparable operating costs.  This really is a great alternative and one you shouldn’t miss.

Subscribe to my monthly newsletter by clicking here.

Tags: , ,

About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Monday, September 21st, 2009 at 2:41 pm and is filed under Blue Mountains, Listings, Vacation Property. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

Fill in the missing number *

RE/MAX four seasons realty limited, brokerage  ♦  67 First Street Collingwood, ON L9Y 1A2  ♦  705-445-8500