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Key Facts
Key facts for 7118 Yonge St
Property Type
House, Bungalow
Parking
Detached 1 garage, 12 parking
MLS #
N7326376
Size
2000-2500 sqft
Basement
Apartment,Finished
Listed on
2023-11-28
Lot size
600 x 220.00
Tax
$5,200 /yr
Days on Market
638
Approximate Age
-
Maintenance Fee
-
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!! **** Extras **** 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!)
