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Janice Carter

janice@bhhswest.ca +1(289) 969-1147

Listed by Joseph Madsen • Royal LePage First Contact Realty Brokerage

$ 3,599,999

Est. payment -/mo

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1370 Killarney Beach Road Lefroy, ON L0L 1W0

6,159 SqFt

UPDATED:

12/18/2024 02:59 PM

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 6,159 sqft

Price per Sqft $584

MLS Listing ID 40685747

Abv Grd Liv Area 6,159

Originating Board Barrie

Annual Tax Amount $4,505

Lot Size 0.789 Acres

Acres 0.789

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.*

Location

Province ON

County Simcoe County

Area Innisfil

Zoning CG-34

Direction Yonge St/Hwy 11 to Killarney Beach Rd/4th Line

Rooms

Basement Partial

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 119.04

Lot Depth 266.81

Garage No

Building

Lot Description Other

Faces Yonge St/Hwy 11 to Killarney Beach Rd/4th Line

Story 2

Sewer Sewer (Municipal)

Water Well

New Construction No

Others

Senior Community No

Tax ID 580650293

Ownership Freehold/None

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Janice Carter

+1(289) 969-1147

Janice Carter

1370 Killarney Beach Road Lefroy, ON L0L 1W0

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1370 Killarney Beach Road