1370 Killarney Beach Rd Innisfil, Ontario - MLS#: N8260782
$4,399,999
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:51158)
MLS: N8260782 For sale : 1370 KILLARNEY BEACH RD Welcome to an exceptional investment opportunity nestled in the heart of Innisfil, one of Ontario’s fastest-growing towns. This property presents a rare chance to secure a foothold in a burgeoning real estate market, boasting 7 existing residential units and 1 commercial unit that were recently built 3 years ago and are currently generating excellent rental income. Additionally, city approval has been granted for an additional 12 units, making it a total of 19 units poised for lucrative rental income or development.Situated strategically amidst the dynamic landscape of Innisfil’s expansion, this property offers investors a gateway to capitalize on the town’s thriving economy and increasing population. Innisfil’s strategic location, just minutes from Barrie and less than an hour’s drive from Toronto, makes it an attractive destination for commuters and families alike, driving demand for quality housing optionsThe potential for an additional 12 units opens doors to endless possibilities, whether it be expanding the current rental portfoliobenefits from proximity to a wealth of amenities and attractions, including picturesque parks, scenic lakeshores, vibrant shopping districts, and top-rated schools. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golfing, fostering a lifestyle that seamlessly blends urban convenience with natural beauty.With the city’s enthusiastic support for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity.Whether you’re a seasoned investor seeking to diversify your portfolio or a savvy entrepreneur with an eye for opportunity, this property offers the perfect canvas to realize your vision and maximize your returns in Innisfil’s dynamic real estate market. **** EXTRAS **** Rental income
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Property Details
| MLS® Number | N8260782 |
| Property Type | Multi-family |
| Community Name | Lefroy |
| Amenities Near By | Highway, Public Transit |
About 1370 Killarney Beach Rd, Innisfil, Ontario
Building
| Cooling Type | Fully Air Conditioned |
| Size Exterior | 3500 Sqft |
| Size Interior | 3500 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | Bldg=119 X 266.81 Ft |
| Size Total Text | Bldg=119 X 266.81 Ft |
https://www.realtor.ca/real-estate/26787066/1370-killarney-beach-rd-innisfil-lefroy
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May 03 2024 03:25:13
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