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1370 KILLARNEY BEACH

IN34 - Lefroy | Lefroy

$3,999,999.00

Listed 3 months ago

  • - bed
  • - bath
  • 6,159 sqft
  • - parking
  • Office

Property history

  • Now
    Listed on Jul 9, 2024

    Listed for $3,999,999.00

    91 days on market

Location & area

Schools nearby

Home Details

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 pending 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. Furthermore, proximity to a wealth of amenities from picturesque parks and lakeshores to vibrant shopping hubs and top-rated schools enhances its desirability. 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. iGuide tour and building plans available by request. (id:39198)
Additional media
https://youtu.be/nDTzTUlkY8I
Property taxes
$4,505.00 per year / $375.42 per month
Basement
Partial
Year build
-
Type
Office
Bedrooms
null
Bathrooms
null
Parking spots
Total
Floor
-
Balcony
-
Pool
-
External material
-
Roof type
-
Lot frontage
-
Lot depth
-
Heating
-
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    40617758
    Brokerage
    Royal LePage First Contact Realty Brokerage

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