7118 Yonge St, Innisfil, L9S 4P3

Listing Overview

Description

Detached Bungalow on CORNER 3.1 ACRE LOT With Future Re-Development Potential!! Excellent Site For Townhouses, Medical Office Building, Retirement Homes, & Storage (600 FEET FRONTAGE ON YONGE ST.). Property Is Located Just 2 Blocks Away South From Proposed New Innisfil Royal Victoria Hospital (RVH) At 7224 Yonge St (See Photos). Close To Rizzardo Health Centre At 7325 Yonge St., 5 Minutes Drive To New Proposed Go Train Station In The Orbit City, Close To Friday Harbour Resort & Golf Course, And 15 Minutes Drive To Booming City of Barrie. ******* Property Currently Zoned 1.8 Acre AG + 1.3 Acre EP (Total 3.1 Acres) Needs Re-zoning For Re-Development. **** In The Meantime, **** The Existing Corner Bungalow Can Be Rented For $4k To $5K Per Month. PLUS the Remaining Lot Space May Be Used For Storage & Parking Rentals For Additional Income! **** Great Investment!!

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On Market

Investment

Property Type

$5,200 / Year

Est. Taxes

Accommodation

Style

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Business Type

N

Franchise