Key Facts
- MLS® #: N12810722
- Property ID: SIRC3126498
- Property Type: Residential, Single Family Detached
- Lot Size: 31,757.54 sq.ft.
- Bedrooms: 7
- Bathrooms: 5
- Parking Spaces: 23
- Listed By:
- LPT REALTY
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomGround floor22' 7.6" x 11' 5.7"Other
- BedroomGround floor13' 1.4" x 9' 10.1"Other
- KitchenGround floor9' 10.1" x 12' 5.6"Other
- Kitchen2nd floor9' 2.2" x 16' 9.1"Other
- Living room2nd floor11' 9.7" x 14' 1.2"Other
- Bedroom2nd floor11' 9.7" x 14' 1.2"Other
- Bedroom2nd floor14' 5.2" x 17' 7.2"Other
- Kitchen2nd floor9' 2.2" x 16' 9.1"Other
- Living room2nd floor11' 9.7" x 14' 1.2"Other
- Bedroom2nd floor11' 9.7" x 14' 1.2"Other
- Bedroom2nd floor14' 5.2" x 17' 7.2"Other
- Living roomGround floor10' 5.9" x 10' 9.9"Other
- BedroomGround floor10' 4.4" x 10' 4.4"Other
- KitchenGround floor9' 10.1" x 10' 9.9"Other
Listing Agents
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Location
22985 Lakeridge Rd, Brock, Ontario, L0E 1E0 Canada
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- Principal and Interest 0
- Property Taxes 0
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