1370 Killarney Beach Road, Lefroy, Ontario

$3,599,999

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6,159

Square feet

0.79

Acres

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.* (id:36535)

Features of 1370 Killarney Beach Road

Listing # 40685747
Price $3,599,999
Bathrooms 0.00
Square Footage 6,159
Acres 0.79
Type Other
Sub-Type Freehold

Community Information

Address 1370 Killarney Beach Road
Subdivision IN34 - Lefroy
City Lefroy
Province Ontario
Postal Code L0L1W0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Listing Details

OfficeCourtesy Of Joseph Madsen and Nolan Hooper Of Royal LePage First Contact Realty Brokerage

Listing Map