1370 Killarney Beach Road, Innisfil | Image 1

1370 Killarney Beach Road

Innisfil, Lefroy

  • Commercial

$4,399,999
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: MU4-1

  • Age: No Data

  • Taxes: 5756.07

  • MLS®#: N8260782

  • Days on Site: 13 Days

  • Added: Apr 19, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: ROYAL LEPAGE FIRST CONTACT REALTY

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

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Innisfil

  • Community: Lefroy

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $5,756

  • Taxes Type: Annual

Land

  • Cross Street: Killarney Beach Rd &

  • Municipality District: Innisfil

  • Parcel Number: 580650293

  • Lot Depth: 266.81 Feet

  • Lot Frontage: 119 Feet

  • Zoning: MU4-1

Additional Media

  • Virtual Tour: https://youtu.be/RV-w3AKo-lU

Commercial Specific

  • Total Area: 3500

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

See 3D Tour of 1370 Killarney Beach Road, Innisfil
Video Tour
JK-8

Lake Simcoe Public School

Elementary: Public
4.01 km
JK-8

Innisfil Central Public School

Elementary: Public
3.20 km
JK-8

Killarney Beach Public School

Elementary: Public
0.77 km
JK-8

St Francis of Assisi Elementary School

Elementary: Catholic
4.66 km
JK-8

Holy Cross Catholic School

Elementary: Catholic
6.81 km
JK-8

Alcona Glen Elementary School

Elementary: Public
5.57 km
9-12

Bradford Campus

Secondary: Public
16.23 km
9-12

Our Lady of the Lake Catholic College High School

Secondary: Catholic
9.42 km
9-12

Keswick High School

Secondary: Public
9.02 km
9-12

Bradford District High School

Secondary: Public
16.70 km
9-12

St Peter's Secondary School

Secondary: Catholic
12.26 km
9-12

Nantyr Shores Secondary School

Secondary: Public
4.82 km