Natasha
Mohamed
Learie
22985 Lakeridge Road - $749,000
22985 Lakeridge Road - $749,000
22985 Lakeridge Road
$749,000
Cannington
Brock Cannington, OntarioL0E1E0
7 beds
5 baths
23 parking
MLS#: N13213088Listed: 6 days agoUpdated:6 days ago
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:63050)Details
Details for 22985 Lakeridge Road, Brock Cannington, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2
- Neighborhood
- Cannington
- Land Size
- 133.2 x 238.4 FT
- Year Built
- -
- Annual Property Taxes
- $8,007
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Water Heater
- Rooms
- 14
- Bedrooms
- 7
- Bathrooms
- 5
- Fireplace
- -
- Fireplace Total
- -
- Basement
- None
Building
- Architecture Style
- -
- Direction
- Lakeridge Rd & Brock Concession Rd 14
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick, Concrete Block
- Foundation
- Wood, Block, Brick
- Flooring
- Tile, Carpeted, Linoleum
Land
- Sewer
- Septic System
- Lot Size
- 133.2 x 238.4 FT
- Zoning
- -
- Zoning Description
- HC
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 23
Utilities
- Cooling
- None
- Heating
- Forced air, Natural gas
- Water
- Drilled Well
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 22985 Lakeridge Road, Brock Cannington, OntarioMap
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