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1370 KILLARNEY BEACH RD
Innisfil Ontario L0L1W0 Canada

$4,399,999

Active Listing ID N8260782
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3,500 square feet
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Multi-family

$4,399,999

Active Listing ID N8260782
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1370 KILLARNEY BEACH RD Welcome to an exceptional investment opportunity nestled in the heart of Innisfil, one of Ontario's fastest-growing towns. This property presents a rare chance to secure a foothold in a burgeoning real estate market, boasting 7 existing residential units and 1 commercial unit that were recently built 3 years ago and are currently generating excellent rental income. Additionally, city approval has been granted for an additional 12 units, making it a total of 19 units poised for lucrative rental income or development.Situated strategically amidst the dynamic landscape of Innisfil's expansion, this property offers investors a gateway to capitalize on the town's thriving economy and increasing population. Innisfil's strategic location, just minutes from Barrie and less than an hour's drive from Toronto, makes it an attractive destination for commuters and families alike, driving demand for quality housing optionsThe potential for an additional 12 units opens doors to endless possibilities, whether it be expanding the current rental portfoliobenefits from proximity to a wealth of amenities and attractions, including picturesque parks, scenic lakeshores, vibrant shopping districts, and top-rated schools. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golfing, fostering a lifestyle that seamlessly blends urban convenience with natural beauty.With the city's enthusiastic support for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity.Whether you're a seasoned investor seeking to diversify your portfolio or a savvy entrepreneur with an eye for opportunity, this property offers the perfect canvas to realize your vision and maximize your returns in Innisfil's dynamic real estate market. **** EXTRAS **** Rental income statement available (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Fully air conditioned
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/23/2024 4:15:31 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: SUMANTSARIN, Salesperson, ROYAL LEPAGE FIRST CONTACT REALTY

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