Address
1370 KILLARNEY BEACH RD, Innisfil, ON
Price
$ 4,399,999
Property Attributes
- ID#N8260782
- TypeMulti-Family
- CountyRLP - 539 - TORONTO
- CityInnisfil
- NeighborhoodLefroy
- ZipL0L 1W0
- StyleMulti-Family
- Price$ 4,399,999
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage3500
Data Source:
RLP - CREA EN
Property Description
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. **** EXTRAS **** Rental income statement available (id:7525)
General Features
| Terms | SALE |
|---|---|
| Neighbourhood | Lefroy |
| Building Type | Multi-Family |
| Amenities Nearby | Highway,Public Transit |
| Property Type | Multi-family |
Interior Features
| Cooling Type | Fully air conditioned |
|---|
Exterior Features
| Lot Size | Bldg=119 x 266.81 FT |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in L0L 1W0
Price
Visits
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