Exceptional Investment Opportunity on Nearly 50 Acres in Innisfil. Built in 2018, this rare property combines residential income, commercial utility, and future development potential. Spanning approximately 2,750 sq/ft of total living space, the home is configured into three fully self-contained apartmentsall with 8' ceilings, private laundry, full kitchens with dishwashers, and full bathrooms. Two units are serviced by natural gas furnaces and central air; the third features energy-efficient mini-splits for heating and cooling. The property also includes a massive 2,400 sq/ft attached shop with 18-foot ceilings, in-floor natural gas heating, and three 14-foot overhead garage doors on openersideal for business use, storage, or rental income. The current owner is open to renting the shop back, offering additional income flexibility. Set on approximately 47.8 acres of prime agricultural land along Mapleview Drive East, the location offers incredible future development potential. Zoned agricultural (A1), the land allows for a wide range of uses and provides the perfect setting to build your dream home. Just steps to the beach and park, and within walking or biking distance to Friday Harbour. Currently tenanted with AAA tenants who are happy to stay, this property generates strong rental incomewith potential to exceed $100,000 annually. Showings require 24 hours' notice. Whether youre an investor, developer, or multi-generational buyer, this unique property offers the rare combination of cash flow, land, location, and lifestyle. |
Price | $2,750,000 |
Taxes: | $12598.58 |
Assessment Year: | 2025 |
Occupancy: | Owner |
Address: | 640 Mapleview Driv East , Innisfil, L9S 3A6, Simcoe |
Directions/Cross Streets: | Oak St |
Rooms: | 13 |
Bedrooms: | 3 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | None |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 2 | Second |
Washroom Type 4 | 3 | Main |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding, Stone |
Garage Type: | Attached |
(Parking/)Drive: | Private Tr |
Drive Parking Spaces: | 20 |
Park #1 | |
Parking Type: | Private Tr |
Park #2 | |
Parking Type: | Private Tr |
Pool: | None |
Approximatly Square Footage: | 5000 + |
Property Features: | Beach, Golf |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Septic |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
PARKER COULTER REALTY BROKERAGE INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Simcoe |
Municipality: | Innisfil |
Neighbourhood: | Rural Innisfil |
Style: | 2-Storey |
Tax: | $12,598.58 |
Beds: | 3 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |