7 Bedroom
5 Bathroom
3,500 - 5,000 sqft
Fireplace
None
Forced Air
$729,000
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 |
N14146886 |
|
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 Sqft |
|
Type |
House |
|
Utility Water |
Drilled Well |
Parking
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 |
3.16 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 |
Bedroom |
3 m |
4 m |
3 m x 4 m |
|
Ground Level |
Kitchen |
3.8 m |
3 m |
3.8 m x 3 m |
Utilities
|
Cable |
Available |
|
Electricity |
Installed |
