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116 Courchevel Crescent, Blue Mountains, ON L9Y 0Z8

5 beds · 4 baths · 1 kitchen · 11 rooms · 6 parking spaces · 3500-5000 sq ft · Laundry on the lower level level · Detached
$3,150,000
Property tax
$13,044 / year

Discover the epitome of luxury living at this exquisite 5-bedroom, 3.5-bath custom-built home in Nipissing Ridge III, Blue Mountains. Boasting approximately 3,800 sq. ft. of sophisticated living space, this property offers unparalleled panoramic views of the Escarpment, ski hills, and Georgian Bay. Experience seamless indoor-outdoor living with over 1,200 sq. ft. of outdoor porcelain tile terraces, indoor and outdoor speakers, a classic cabana featuring an outdoor kitchen, and a stunning saltwater pool with a waterfall. The gourmet kitchen, featuring high-end appliances and an expansive island, is perfectly positioned to capture magnificent views. The main floor has a majestic foyer and has three bedrooms and two bathrooms. The primary bedroom overlooks the beautifully landscaped backyard and pool. It has a spa inspired 4 pce ensuite and a large walk in closet. The two additional bedrooms are spacious, with views of the ski hills, and share a 5-piece bathroom. The lower level offers in-floor heating, a spacious mudroom, two guest bedrooms, a three-piece bathroom, and a family room with a wet bar and walkout. Other features are a spacious 2.5 car garage with direct access to 1000sqft of heated storage, indoor and outdoor speakers throughout, top of the line heat pump and air steam humidifier, a grocery lift, a commercial grade Ubiquiti home network to keep your electronics connected and for your convenience a grocery lift connecting the mudroom to the kitchen. This sought-after location provides direct access to Craigleith/Alpine Ski Clubs and Nipissing Ridge Tennis Courts. Enjoy an active lifestyle with proximity to Blue Mountain skiing, fine dining, select shops, private ski clubs, the Georgian Trail for hiking and biking, and numerous exclusive and public golf courses. This is more than a home; it's a lifestyle between the escarpment and Georgian Bay.

MLS number
X13134066
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
L9Y 0Z8
Photos
47
Laundry
Lower Level level
123days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Blue Mountains — 265 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$1.15M$2.17M$3.19M20252026this home’s asking price
$1.22Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
94%97%100%20252026the asking price
95%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-2d42d85d20252026
41dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in blue mountains. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 959 people.

$124,000Median household income
92%Own their home
85.7%Detached houses
59.2Median age
16.5%Born outside Canada
49.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35420229 — the few blocks around this address, home to 959 people. It describes the area, not this property.

959Population
52.1Average age
2.1Household size
$256,000Average household income
$124,000Median household income
92%Own their home
8%Rent
22%Condominiums
17%Born outside Canada
49%University degree
$1,620,000Average home value
9%Low income
90%Not in the labour force
17%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9994%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over36%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9996%
$200,000 and over20%

Percentages are of the 715 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$630,000 · minimum here is $630,000
$13,947.52per month
Borrowed before insurance$2,520,000
Total borrowed$2,520,000
Interest over 25 years at 4.5%$1,664,256

If you rented it out

-$15,034.52per month out of pocket
Rent$0.00
Everything it costs to hold$15,034.52
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Locations North. Listing data provided by the Toronto Regional Real Estate Board.