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1370 Killarney Beach Road Lefroy, Ontario L0L 1W0

6159 sqft

$3,599,999

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:50886)

Property Details

MLS® Number 40685747
Property Type Office

Building

BasementType Partial
StoriesTotal 2
SizeExterior 6159.0000
SizeInterior 6159 Sqft
UtilityWater Well

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 267 Ft
SizeFrontage 119 Ft
SizeIrregular 0.789
SizeTotal 0.789 Ac|1/2 - 1.99 Acres
SizeTotalText 0.789 Ac|1/2 - 1.99 Acres
ZoningDescription Cg-34

https://www.realtor.ca/real-estate/27744466/1370-killarney-beach-road-lefroy

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Joseph Madsen
Salesperson


Royal LePage First Contact Realty Brokerage
299 Lakeshore Drive, Suite 100
Barrie, Ontario L4N 7Y9

Nolan Hooper
Salesperson


Royal LePage First Contact Realty Brokerage
299 Lakeshore Drive, Suite 100
Barrie, Ontario L4N 7Y9

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