1370 KILLARNEY BEACH ROAD , Innisfil Ontario L0L1W0

Sale $3,599,999  | 
Listing # N11895941
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Agent

Joseph Madsen

Broker

Phone: 705.728.4067

joseph@northernhousinggroup.ca
Http://www.northernhousinggroup.ca
Agent Photo

Nolan Hooper

Sales Representative

Phone: 705.728.4067
Mobile: 705.716.6371

nolan@northernhousinggroup.ca
https://northernhousinggroup.ca/agent/nolan-hooper/

Royal LePage First Contact Realty, Brokerage (Independently owned and operated)

Brokerage

299 LAKESHORE DR
Barrie,  ON L4N7Y9

Phone: 705.728.4067
Fax: 705.722.5684
lakeshore@rlpbarrie.com

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. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. *Complete iGuide interior virtual tour and building plans available by request.* (id:27)

Investment

Neighbourhood: Lefroy
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

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