Active

1370 Killarney Beach Rd

Innisfil Ontario, L0L 1W0

C$3,999,999


Active

Commercial

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.

N9020003

MLS ID

October 13, 2024

Updated

Map

1370 Killarney Beach Rd
Innisfil Ontario, L0L 1W0

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Y


Heating

Yes


Heating Description

Gas Hot Water

Exterior/Building Features

Lot Size

0.73 Acres

Other Property Details

Area Name

Lefroy


Taxes

$4,505


Tax Frequency

Annually


Garage

No


Parking

Outside/Surface


View

No


County

Ontario


Municipality

Innisfil


Water Source

Well


Pool

No


Zoning

CG-34

 

Courtesy of Listed by , ROYAL LEPAGE FIRST CONTACT REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 12:41 AM UTC, 10/13/2024

 

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