For Sale

1370 Killarney Beach Road, Innisfil (Lefroy), Ontario L0L1W0

$3,999,999

1370 Killarney Beach Road, Innisfil (Lefroy), Ontario L0L1W0 is For Sale and has a listing price of 3,999,999. The property is located in the Innisfil neighbourhood. It's been on the website for 134 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: N9020003
  • Office Name ROYAL LEPAGE FIRST CONTACT REALTY,ROYAL LEPAGE FIR
Property Description

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. Complete iGuide interior virtual tour and building plans available by request. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: N9020003
  • Price: $3,999,999
  • Transaction Types: For Sale
  • Ref ID: 27147593
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/09/2024 N9020003 $3,999,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Innisfil
  • $1,243,340 Average List Price
    based on 1 year
  • 234 New Listings
    based on 30 days
  • 88 Median Days on Market
    based on 1 year
  • List vs. Selling Price 193.01 % Up
  • Sold (12mo) 556
  • Rented (12mo) 301

  • 1 Month Change -14.2%
  • 3 Month Change +7.3%
  • 6 Month Change -13.3%
Walkscore
Property Type Distribution
  • All Houses
    83.52%
  • All Houses/Commercial
    0.01%
  • Commercial
    5.65%
  • Condo
    10%
  • Land for Sale
    0.81%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Cooling System Fully Air Conditioned
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 09/07/2024 00:00:00
  • Zoning R2b
  • Agent Name: JOSEPH MADSEN,NOLAN PAUL HOOPER
  • Last Updated: 16/10/2024 15:49:32
Open House Dates
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