New Listing
22985 Lakeridge Road,Brock, ON L0E 1E0
Brock, ON L0E 1E0
Description
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.
Details
| MLS # | N14146886 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 3 |
| Listing Provided By | LPT REALTY | N14146886 20006800 |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| Garage | 3 |
| Story(s) | 2 |
| Acreage | 0.73 |
Interior
| Interior Features | Water Heater |
|---|---|
| Heating Yes / No | Yes |
| Cooling | None |
| Heat Source | Gas |
| Fireplace Features | Natural Gas |
| Fireplace Yes / No | Yes |
| Rooms Total | 7 |
Exterior
| Roof | Asphalt Shingle, Flat |
|---|---|
| Foundation Details | Brick, Concrete Block, Wood |
| Construction Materials | Brick, Concrete Block |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Septic |
|---|
Taxes
| Tax Annual Amount | 8006.93 |
|---|---|
| Tax Legal Description | PT LT 1, CON 13 BROCK ; PARTS 1 & 3, 40R3451 TOWNSHIP OF BROCK |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Durham |
| City | Brock |
| Postal Code | L0E 1E0 |
| Area | Cannington |
| Listing VS Median (in L0E 1E0) | |
Price: $729,000 low | high Med: $764,450 On site: 3 low | high Med: 11 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Durham |
| City | Brock |
| Postal Code | L0E 1E0 |
| Area | Cannington |
| Listing VS Median (in L0E 1E0) | |
Price: $729,000 low | high Med: $764,450 On site: 3 low | high Med: 11 | |
