7 Beds 5 Bath

22985 Lakeridge Road, Brock, ON L0E 1E0

Brock L0E 1E0 Ontario

MLS: N12810722

$829,000

Added 18 minutes ago | For Sale

Listed by: LPT REALTY

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:5
  • Land Size: 133.2 X 238.42
  • Water:Well
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lakeridge Rd & Brock Concession Rd 14
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $8006.93
  • Bedrooms:7
  • Total Parking Spaces:20
  • Parking Places:20
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:N12810722

Level Type Features Dimensions
Ground Living Room Large Window, Broadloom 11 ft, 6 in x 22 ft, 8 in
Bedroom Window, Broadloom, Closet 9 ft, 10 in x 13 ft, 1 in
Kitchen Window, Tile Floor, Eat-in Kitchen 12 ft, 6 in x 9 ft, 10 in
Living Room Fireplace, W/O To Yard 10 ft, 10 in x 10 ft, 6 in
Bedroom Window 10 ft, 4 in x 10 ft, 4 in
Kitchen Overlooks Frontyard, Linoleum, Eat-in Kitchen 10 ft, 10 in x 9 ft, 10 in
Second Kitchen W/O To Deck, Linoleum, Eat-in Kitchen 16 ft, 1 in x 9 ft, 2 in
Living Room Large Window, Broadloom 14 ft, 1 in x 11 ft, 10 in
Bedroom Window, Broadloom, Closet 14 ft, 1 in x 11 ft, 10 in
Bedroom 2 Window, Broadloom, Closet 17 ft, 1 in x 14 ft, 5 in
Kitchen W/O To Deck, Linoleum, Eat-in Kitchen 16 ft, 1 in x 9 ft, 2 in
Living Room Large Window, Broadloom 14 ft, 1 in x 11 ft, 10 in
Bedroom Large Window, Broadloom, Closet 14 ft, 1 in x 11 ft, 10 in
Bedroom 2 Large Window, Broadloom, Closet 17 ft, 1 in x 14 ft, 5 in

No property rooms available.

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