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:60365)
| MLS® Number | N13213088 |
| Property Type | Single Family |
| Community Name | Cannington |
| AmenitiesNearBy | Golf Nearby, Marina, Schools |
| ParkingSpaceTotal | 23 |
| Structure | Shed |
| BathroomTotal | 5 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Amenities | Fireplace(s) |
| Appliances | Water Heater |
| BasementType | None |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete Block |
| FireplacePresent | Yes |
| FlooringType | Carpeted, Linoleum, Tile |
| FoundationType | Brick, Block, Wood |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | House |
| UtilityWater | Drilled Well |
| Detached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Golf Nearby, Marina, Schools |
| Sewer | Septic System |
| SizeDepth | 238 Ft ,4 In |
| SizeFrontage | 133 Ft ,2 In |
| SizeIrregular | 133.2 X 238.4 Ft |
| SizeTotalText | 133.2 X 238.4 Ft|1/2 - 1.99 Acres |
| SurfaceWater | Lake/pond |
| ZoningDescription | Hc |
| 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 m | 4 m | 3 m x 4 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 | Kitchen | 3.8 m | 3 m | 3.8 m x 3 m |
| Cable | Available |
| Electricity | Installed |
https://www.realtor.ca/real-estate/29823868/22985-lakeridge-road-brock-cannington-cannington
Jennifer Jones
Salesperson
Michael Fisher
Salesperson
Deanna Elizabeth Hutton
Salesperson