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22985 Lakeridge Road Brock, Ontario L0E 1E0

7 Bedroom 5 Bathroom 3,500 - 5,000 ft2
Fireplace None Forced Air

$829,000

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:61476)

Property Details

MLS® Number N12810722
Property Type Single Family
Community Name Cannington
Amenities Near By Golf Nearby, Marina, Schools
Equipment Type None
Parking Space Total 23
Rental Equipment Type None
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 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

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