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$2,999,999

Innisfil ON, L0L 1W0

MLS® # N12436703

Property Information:

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 extensively renovated, 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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 6159 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Features: Irregular lot size
  • Floor Space (approx): 6159 Square Feet
  • Irregular: Yes
  • Lot Depth: 266.8 Feet
  • Lot Frontage: 119.0 Feet
  • Lot Size: Bldg=119.04 x 266.81 FT ; 58.30'x119.04x266.81x127.67x206.23x21.25
  • Zoning: CG-34

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1370 KILLARNEY BEACH ROAD, Innisfil, Ontario, L0L 1W0

Demographic Information of 1370 KILLARNEY BEACH ROAD, Innisfil, Ontario, L0L 1W0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$119,514.96

Average Number of Children

1.86

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.68 %

High school certificate or equivalent

32.43 %

Apprenticeship trade certificate/diploma

6.89 %

College/non-university certificate

29.93 %

University certificate (below bachelor)

1.68 %

University Degree

13.38 %

Commuter

Travel To Work

By Car

97.48 %

By Public Transit

0.0 %

By Walking

1.26 %

By Bicycle

0.0 %

By Other Methods

1.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.68 %

Houses

98.32 %

Own Vs. Rent