7 Beds 5 Bath

22985 Lakeridge Road, Brock, ON L0E 1E0

Brock L0E 1E0 Ontario

MLS: N12810722

$829,000

Added 15 hours ago | For Sale

Listed by: LPT REALTY

About Property

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.

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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