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Last Updated : 550 Days ago
1370 Killarney Beach Rd, Innisfil, Ontario, Lefroy

1370 Killarney Beach Rd, Innisfil MLS Number: N11895941

Lefroy, Innisfil, Simcoe, ON, L0L 1W0

$3,599,999

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $4505.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage First Contact Realty

1370 Killarney Beach Rd 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.*

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1370 Killarney Beach Rd Property Facts

Property Type :Commercial
MLS Number :N11895941
Listing Type :Sale
Possession Date :
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Last Updated :18 Dec, 2024 (550 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L0L 1W0

1370 Killarney Beach Rd Property Price & Tax Insights

Price : $3,599,999
Property Taxes :$4505.00
Tax Year :2023

1370 Killarney Beach Rd, Innisfil Property Details

Cross Street :Killarney Beach Rd/20th Sideroad
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1370 Killarney Beach Rd, Innisfil - Price History

2024-12

18 Dec, 2024

TREB #N11895941

Available

$3599999.0

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