Potential of 15% Cap rate. Exceptional Investment Opportunity directly across from Innisfil Beach Park and the sparkling shores of Lake Simcoe! This unique offering features four fully equipped lakefront units on a 15,000 sq ft lot, with a total sleeping capacity of 23 guests.The main cottage comfortably sleeps 9 and showcases a fully renovated, open-concept layout with 3 bedrooms, 3 bathrooms, oversized lake-facing windows, and two spacious decks perfect for entertaining. - Cabin 1: Sleeps 2, with 1 bedroom and 1 bathroom. - Cabin 2: Sleeps 7, with 2 bedrooms and 1 bathroom - Cabin 3: Sleeps 5, with 2 bedrooms and 1 bathroom. Located steps from beaches, boating docks, trails, and playgrounds, and minutes from Innisfil Town Square, Friday Harbour Resort, Georgian Downs Casino, and Sunset Speedway, this property is ideal for families, investors, or short-term rental operators. Zoned Mixed Use Commercial and Residential, this rare opportunity offers flexible development potential. Build up to a 6-storey building, add a 5th residential unit between Cabins 1 and 2, or develop a commercial space (e.g., café, retail, or service-based business) to complement the residential income. Whether you choose to live in the main cottage while renting the cabins, operate a boutique lakefront retreat, or redevelop the site, the possibilities are endless. This is a prime opportunity to own a high-demand income-generating property in one of Innisfil's most desirable waterfront locations with tremendous upside and multiple future uses. |
Price | $2,689,000 |
Taxes: | $6245.75 |
Tax Type: | Annual |
Occupancy: | Owner+T |
Address: | 687 INNISFIL BEACH Road , Innisfil, L0L 2M0, Simcoe |
Postal Code: | L0L 2M0 |
Province/State: | Simcoe |
Legal Description: | PT LT 26 CON 7 INNISFIL AS IN RO1287919 |
Directions/Cross Streets: | Lakelands Avenue |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 0 | |
Washroom Type 17 | 0 | |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 0 | |
Washroom Type 22 | 0 | |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 | |
Washroom Type 26 | 0 | |
Washroom Type 27 | 0 | |
Washroom Type 28 | 0 | |
Washroom Type 29 | 0 | |
Washroom Type 30 | 0 | |
Washroom Type 31 | 0 | |
Washroom Type 32 | 0 | |
Washroom Type 33 | 0 | |
Washroom Type 34 | 0 | |
Washroom Type 35 | 0 |
Category: | Multi-Use |
Building Percentage: | T |
Total Area: | 15000.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Approximatly Age: | 31-50 |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
BONNATERA REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Simcoe |
Municipality: | Innisfil |
Neighbourhood: | Alcona |
Approximate Age: | 31-50 |
Tax: | $6,245.75 |
Fireplace: | N |