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1370 Killarney Beach Road Image 1

$2,999,999

May 15Investment For Sale
bedroomsbed
washrooms0bath
MLS - #N12151609

1370 Killarney Beach Road, Innisfil, ON L0L 1W0

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

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About 1370 Killarney Beach Road

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.*

Home Overview

Last updated

May 16

Virtual tour

None

Basement information

Building size

6159

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE FIRST CONTACT REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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