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7118 Yonge St

Yonge St, Innisfil, ON, L9S 2M6

5
Beds
3
Baths
$2,500,000
List Price
Details
Photos
39
Comparables
History
7118 Yonge St, Innisfil, ON - 1 of 3
7118 Yonge St, Innisfil, ON - 2 of 3
7118 Yonge St, Innisfil, ON - 3 of 3
157 days on market

Quick Summary

  • Corner lot bungalow with re-development potential.
  • Ideal for townhouses, medical offices, or retirement homes.
  • Near proposed Innisfil Royal Victoria Hospital.
  • Close to Rizzardo Health Centre and Orbit City.
  • Minutes from future GO Train station and Friday Harbour.
  • 15-minute drive to the city of Barrie.
  • Potential rental income from existing bungalow.
  • Additional income from lot space for storage and parking.

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... Show More

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!! Existing Fridge, Stove, Washer, Dryer, All Electric Light Fixtures, Gas Furnace And Central Air Conditioning Equipment. Corner Property With 2 Road Entrances! Excellent Exposure On Yonge Street (About 4.8 Millions Cars Drive By Annually!)

Property Details

Size

Sq. Ft. Not Available
12 total rooms
5 Beds
3 Above Grade - 2 Below Grade
3 Baths

Parking

12 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Finished, Apartment
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Septic
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Rooms

Kitchen

14′7″ x 19′10″

Living

14′7″ x 14′7″

Dining

8′11″ x 12′7″

Prim Bdrm

12′6″ x 14′11″

2nd Br

12′6″ x 10′11″

3rd Br

8′11″ x 13′10″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$5,200

Source

Listing Brokerage

MLS® Listing
N7326376
Last Updated
December 19, 2023
Brokerage
RE/MAX CROSSROADS REALTY INC.
Call us 800-591-0566

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