$1,250,000

1065 7th Line

Innisfil ON, L9S 4G2

Description

This is an Excellent Investment property! Almost 400 ft frontage by 280 ft deep with a Good home on the property now. Property backs onto a Retention Pond that is part of the Newer Development behind off Booth Ave. Water and Gas is now on the street. Sewers were supposed to happen this year 2020 but now delayed to possibly 2022. All information is being sought after from Town of Innisfil. Some is available now. So you have a property that should get you 8-10 lots once sewers are available and a nice home to rent out until you can begin development. The home will give you one free development charge. Approx $65K saving. The present owner is willing to rent the house back for up to 2 years. The most important thing here is the frontage and the depth with a total of 2.47 Acres that will become a Great Development. Imagine Prime Lots with a Great Depth backing onto protected Lands or maybe someday you go for a multiple development situation. This is, whatever way you look at it, a Really Fantastic Investment opportunity!! Ask listing Rep for any questions. All Appointments are walking the land first with only booked appt's by listing sales rep. No Sign on the Property. All Offers are a minimum of 48 hrs irrevocable.

Details

MLS#30826290
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site3

Features

Acreage2.47
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Area Information
ProvinceON
CountySimcoe County
CityInnisfil
Postal CodeL9S 4G2
AreaInnisfil
Listing VS Median (in L9S 4G2)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
On Site:
3
low | high
Med:
3
100% of Average
Listing Updated: 08/02/2020
Rourke Howard LogoMLS Number: 30826290
Listing Provided By:
Rourke Howard  of  Sutton Group Incentive Realty Inc. Brokerage
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