22985 LAKERIDGE ROAD, Brock (cannington), ON L0E1E0
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22985 LAKERIDGE ROAD, Brock (cannington), ON L0E1E0
22985 LAKERIDGE ROAD, Brock (cannington), ON L0E1E0
22985 LAKERIDGE ROAD, Brock (cannington), ON L0E1E0
22985 LAKERIDGE ROAD, Brock (cannington), ON L0E1E0
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Jordan Rossman

Jordan Rossman

+1(705) 345-0797
$ 749,000
Est. payment /mo
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22985 LAKERIDGE ROAD Brock (cannington), ON L0E1E0

7 Beds

5 Baths

3,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $214

Subdivision Cannington

MLS® Listing ID N13213088

Bedrooms 7

Half Baths 1

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 5.2 m X 4.4 m Bedroom 2

Extra Room 2 Second level 4.9 m X 2.8 m Kitchen

Extra Room 3 Second level 4.3 m X 3.6 m Living room

Extra Room 4 Second level 4.3 m X 3.6 m Bedroom

Extra Room 5 Second level 5.2 m X 4.4 m Bedroom 2

Extra Room 6 Second level 4.9 m X 2.8 m Kitchen

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Linoleum, Tile

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 23

Garage Yes

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

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Jordan Rossman

Jordan Rossman

+1(705) 345-0797

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