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1370 KILLARNEY BEACH ROAD
Innisfil (Lefroy) Ontario , L0L1W0 , Canada
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$3,999,999.00
MLS® N9020003
Investment
Lot Frontage: 119.0 Feet
Lot Depth: 266.8 Feet
Lot Size: Bldg=119.04 x 266.81 FT ; 58.30'x119.04x266.81x127.67x206.23x21.25
Zoning: CG-34
Remarks:
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. Complete iGuide interior virtual tour and building plans available by request. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. (id:7526)

Property Features:
  • Features: Irregular lot size
  • Property Type: Multi-family
Building Features:
  • Building Type: Multi-Family
  • Cooling Type: Fully air conditioned
  • Heating Fuel: Natural gas
  • Heating Type: Hot water radiator heat

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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