22985 Lakeridge Road Brock, Ontario L0E 1E0

$749,000

This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub. (id:55460)

Property Details

MLS® Number	N13213088
Property Type	Single Family
Community Name	Cannington
Amenities Near By	Golf Nearby, Marina, Schools
Parking Space Total	23
Structure	Shed

Building

Bathroom Total	5
Bedrooms Above Ground	7
Bedrooms Total	7
Amenities	Fireplace(s)
Appliances	Water Heater
Basement Type	None
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Brick, Concrete Block
Fireplace Present	Yes
Flooring Type	Carpeted, Linoleum, Tile
Foundation Type	Brick, Block, Wood
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,500 - 5,000 Ft2
Type	House
Utility Water	Drilled Well

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Golf Nearby, Marina, Schools
Sewer	Septic System
Size Depth	238 Ft ,4 In
Size Frontage	133 Ft ,2 In
Size Irregular	133.2 X 238.4 Ft
Size Total Text	133.2 X 238.4 Ft|1/2 - 1.99 Acres
Surface Water	Lake/pond
Zoning Description	Hc

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom 2	5.2 m	4.4 m	5.2 m x 4.4 m
Second Level	Kitchen	4.9 m	2.8 m	4.9 m x 2.8 m
Second Level	Living Room	4.3 m	3.6 m	4.3 m x 3.6 m
Second Level	Bedroom	4.3 m	3.6 m	4.3 m x 3.6 m
Second Level	Bedroom 2	5.2 m	4.4 m	5.2 m x 4.4 m
Second Level	Kitchen	4.9 m	2.8 m	4.9 m x 2.8 m
Second Level	Living Room	4.3 m	3.6 m	4.3 m x 3.6 m
Second Level	Bedroom	4.3 m	3.6 m	4.3 m x 3.6 m
Ground Level	Living Room	3.5 m	6.9 m	3.5 m x 6.9 m
Ground Level	Living Room	3.3 m	3.2 m	3.3 m x 3.2 m
Ground Level	Bedroom	3 m	4 m	3 m x 4 m
Ground Level	Bedroom	3.16 m	3.16 m	3.16 m x 3.16 m
Ground Level	Kitchen	3.3 m	3 m	3.3 m x 3 m
Ground Level	Kitchen	3.8 m	3 m	3.8 m x 3 m

Utilities

Cable	Available
Electricity	Installed

https://www.realtor.ca/real-estate/29823868/22985-lakeridge-road-brock-cannington-cannington