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22985 Lakeridge Road Brock, Ontario L0E 1E0

7 Bedroom 5 Bathroom 3500 - 5000 sqft
Fireplace None Forced Air

$829,000

This powerhouse investment at 22985 Lake Ridge Road offers a rare combination of residential income and commercial versatility on a nearly a acre lot with two frontages. Bordering Georgina and Brock, the property features five distinct rental streams: a 1000sqft shop/office with two bay doors, three apartments (two upper 2-bedroom and one ground level 1-bedroom), plus a separate 2-bedroom raised bungalow. 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 just off the highly visible and accessible Highway 48, and minutes from Lake Simcoe beaches and marinas. 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. 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:61852)

Property Details

MLS® Number N12810722
Property Type Single Family
Community Name Cannington
AmenitiesNearBy Golf Nearby, Marina, Schools
EquipmentType None
ParkingSpaceTotal 23
RentalEquipmentType None
Structure Shed

Building

BathroomTotal 5
BedroomsAboveGround 7
BedroomsTotal 7
Amenities Fireplace(s)
Appliances Water Heater
BasementType None
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick, Concrete Block
FireplacePresent Yes
FlooringType Carpeted, Linoleum, Tile
FoundationType Brick, Block, Wood
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type House
UtilityWater Drilled Well

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Golf Nearby, Marina, Schools
Sewer Septic System
SizeDepth 238 Ft ,4 In
SizeFrontage 133 Ft ,2 In
SizeIrregular 133.2 X 238.4 Ft
SizeTotalText 133.2 X 238.4 Ft|1/2 - 1.99 Acres
SurfaceWater Lake/pond
ZoningDescription Hc

Rooms

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

Utilities

Cable Available
Electricity Installed

https://www.realtor.ca/real-estate/29387912/22985-lakeridge-road-brock-cannington-cannington

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Jennifer Jones
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

Michael Fisher
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

Deanna Elizabeth Hutton
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

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