1370 Killarney Beach Road Innisfil, Ontario L0L 1W0

$3,999,999

  • Property Type: Multi-family
  • Size: 6159 sqft
  • Transaction: For sale


LOADING

6159 sqft
Fully Air Conditioned Hot Water Radiator Heat

$3,999,999

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. Furthermore, proximity to a wealth of amenities from picturesque parks and lakeshores to vibrant shopping hubs and top-rated schools enhances its desirability. 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. Complete iGuide interior virtual tour and building plans available by request. (id:53889)

Property Details

MLS® Number N9020003
Property Type Multi-family
Community Name Lefroy
Features Irregular Lot Size

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Exterior 6159 Sqft
Size Interior 6159 Sqft
Type Multi-family

Land

Acreage No
Size Depth 266 Ft
Size Frontage 119 Ft
Size Irregular Bldg=119.04 X 266.81 Ft ; 58.30'x119.04x266.81x127.67x206.23x21.25
Size Total Text Bldg=119.04 X 266.81 Ft ; 58.30'x119.04x266.81x127.67x206.23x21.25
Zoning Description Cg-34
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    Listing Office: ROYAL LEPAGE FIRST CONTACT REALTY

    Listing Office: ROYAL LEPAGE FIRST CONTACT REALTY