$3,999,999 FOR SALE

Office

Lot: 119 x 267 ft

1370 Killarney Beach Road
Lefroy, ON L0L 1W0

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. 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. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. (id:47423)

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Listed By Royal LePage First Contact Realty Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40617758
Last Updated Oct 12, 2024
Property Summary
Property Type Office

More like this:
Subdivision IN34 - Lefroy
Price History
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Detailed Information
Lot 119 x 267 ft
Listing Contract Date 2024-07-09
Location Description Yonge St/Hwy 11 to Killarney Beach Rd/4th Line
Ownership Type Freehold
Property Type Office
Transaction Type For sale
Zoning Description CG-34
Building
Basement Type Partial
Stories Total 2
Size (Exterior) 6159
Utility Water Well
Land
Total Size 0.789 acres
Sewer Municipal sewage system
Size of Irregular Land 0.789

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