Active
1370 Killarney Beach Rd
Innisfil Ontario, L0L 1W0
$4,399,999
Active
Commercial
Step into an unparalleled investment opportunity nestled in the heart of Innisfil, one of Ontario's fastest-growing towns. This property represents a rare chance to establish a presence in a burgeoning real estate market. With 7 existing residential units and 1 commercial unit constructed just 3 years ago, currently yielding impressive rental income, it's a solid foundation. Moreover, city approval for an additional 12 units amplifies the potential, totaling 19 units primed for lucrative rental income or development.Positioned strategically amidst Innisfil's expanding landscape, this property serves as a gateway for investors to leverage the town's thriving economy and growing population. Its strategic location, minutes from Barrie and less than an hour from Toronto, attracts commuters and families, fueling demand for quality housing options.The prospect of 12 more units opens avenues for diverse opportunities, whether expanding the current rental portfolio or pursuing development ventures. Moreover, proximity to a plethora of amenities - from scenic parks and lakeshores to bustling shopping districts and esteemed schools - enriches the appeal. Residents relish easy access to recreational pursuits like boating, fishing, hiking, and golfing, embodying a lifestyle that seamlessly melds urban convenience with natural splendor.With the city's enthusiastic backing for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil guarantees not only immediate returns but also long-term appreciation and prosperity.Whether you're a seasoned investor seeking portfolio diversification or a savvy entrepreneur with a knack for seizing opportunities, this property provides the ideal canvas to materialize your vision and optimize returns in Innisfil's dynamic real estate arena.
N8260782
MLSⓇ ID
May 3, 2024
Updated
Map
1370 Killarney Beach Rd
Innisfil Ontario, L0L 1W0
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Elec Forced Air
Exterior/Building Features
Lot Size
0.73 Acres
Other Property Details
Area Name
Lefroy
Taxes
$5,756
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Innisfil
Water Source
Well
Pool
No
Zoning
MU4-1
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 1:08 PM UTC, 5/3/2024