Innisfil, ON L0L 1W0,1370 Killarney Beach RD
Innisfil, ON L0L 1W0,1370 Killarney Beach RD
Innisfil, ON L0L 1W0,1370 Killarney Beach RD
Innisfil, ON L0L 1W0,1370 Killarney Beach RD
Innisfil, ON L0L 1W0,1370 Killarney Beach RD
Innisfil, ON L0L 1W0,1370 Killarney Beach RD
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$ 3,599,999
Est. payment | /mo

6,159 SqFt


$ 3,599,999
Est. payment | /mo

6,159 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,159 sqft

Price per Sqft $584

MLS Listing ID N11895941

Annual Tax Amount $4,505

Tax Year 2023

Property Description

Enter an exceptional investment opportunity located in the heart of Innisfil, one of Ontario's fastest-growing communities. This property offers a rare chance to establish a foothold in a burgeoning real estate market. Recently built, it features 7 residential units and 1 commercial unit, currently generating substantial rental income, making it a robust investment. Additionally, with preliminary municipal approval for an additional 12 units, the potential expands to a total of 20 units, poised for lucrative rental returns or development. Strategically positioned amidst Innisfil's expanding landscape, this property serves as a gateway for investors looking to capitalize on the town's thriving economy and growing population. Its prime location, just minutes from Barrie and less than an hour from Toronto, appeals to commuters and families alike, driving demand for high-quality housing options. The opportunity to add 12 more units opens doors to diverse possibilities, whether expanding the existing rental portfolio or pursuing new development ventures. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golf, blending urban convenience with natural beauty. Backed by the municipality's proactive support for further development and infrastructure improvements including transportation upgrades and expanded commercial facilities investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity. Whether you're a seasoned investor seeking portfolio diversification or an astute entrepreneur with an eye for opportunity, this property offers an ideal platform to realize your vision and maximize returns in Innisfil's dynamic real estate market. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. *Complete iGuide interior virtual tour and building plans available by request.*

Location

Province ON

County Simcoe

Community Lefroy

Area Simcoe

Region Lefroy

City Region Lefroy

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Depth 266.81

Listed by ROYAL LEPAGE FIRST CONTACT REALTY
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"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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1370 Killarney Beach RD