$649.46 Per Sq Foot $21,473 est/mo Sourced by Back At You

1370 Killarney Beach Road,Lefroy, ON L0L 1W0

Lefroy ON, L0L 1W0

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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 pending 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. Furthermore, proximity to a wealth of amenities from picturesque parks and lakeshores to vibrant shopping hubs and top-rated schools enhances its desirability. 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. iGuide tour and building plans available by request.

Details

MLS#40617758
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site12
Listing Provided ByRoyal LePage First Contact Realty Brokerage | Joseph Madsen

Features

SQ Feet6,159
BasementY
Story(s)2
ZoningCG-34
Acreage0.79
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionSimcoe County
CityLefroy
Postal CodeL0L 1W0
AreaInnisfil
SubareaIN34 Lefroy
Community NameIN34 Lefroy
Listing VS Median (in IN34 Lefroy)
Price:
$3,999,999
low | high
Med:
$834,450
100% of Average
SqFt:
6,159
low | high
Med:
1,910
100% of Average
$ / SqFt:
$649
low | high
Med:
$445
81.49247213297% of Average
On Site:
12
low | high
Med:
38.000000
31.578947368421% of Average
Sourced by Back At You
Listing Updated: July 9, 2024 at 2:10:27 PM PDT