$1,249,000
Innisfil
280 Bells Lane, Innisfil (Gilford), Ontario, L0L1R0
This retail property in Innisfil is for sale offering roughly 5,300 sq ft of space. It has been on the market 41 days, fresher than the Innisfil average of 50 days.
Mixed FIVE (5) Unit Commercial/Residential building in Gilford. Minutes to Lake Simcoe and sandwiched between the expanding town of Bradford and the proposed ORBIT development in Innisfil. Bradford bypass interchange (to be completed) will be less than a 10 minute drive providing easy access to Hwy 400 and 404. One of a kind investment opportunity on a an almost 1/3 acre lot with Commercial Village (CV) zoning and two road frontages with separate access. Surrounded by stately homes and multiple property developments both proposed and currently under construction. Get in before it's too late! Commercial consists of two units with shared washroom facilities, organized currently as owner occupied equipment storage (985 sqft) with garage access and a restaurant (1905 sqft) equipped with a certified 10' wide commercial grade ventilation system with fire suppression, built-in drink fridge, serving counter, and walk-in cooler. Restaurant space recently available for lease, good time to choose your own tenants. Residential suites with separate double door entrance on the other side of the building, consists of one 2-bedroom suite with one bath, one 1-bedroom suite, and bachelor on the main level. Excellent setup with all units separately metered for their own hydro, shared coin operated laundry and heated using a newer central boiler system. Commercial space has own HVAC system with no connection to residential suites. Commercial Village (CV) zoning allows for many uses including, but not limited to, medical office, veterinary clinic, day nursery, commercial school, financial institution, funeral home, place of worship, hotel, motel, personal service, pet daycare, art studio, professional office, government offices, bake shop, custom workshop, B&B, and more. High visibility and plenty of parking. Same owner for 20 years has maintained all infrastructure in sound condition with regular fire safety inspections. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 50 days across the listings currently for sale in this city
This retail in Innisfil (Gilford) has been listed for 41 days, which is 9 days fresher than the city average of 50. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,249,000, about 11.8× the local median household income of $106,000.
Carrying it typically needs a household income of about $243,973 (20% down, 25-yr amortization, stress-tested) — roughly 130% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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