Address
22985 Lakeridge Road, Brock (Cannington), ON
Price
$ 749,000

Your Agent

Melissa Caron

Sales Representative

705-325-1373


Listing provided by Melissa Caron, Sales Representative, REMAX Right Move

Property Attributes
  • ID#N13213088
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityBrock (Cannington)
  • CityBrock (Cannington)
  • AreaCannington
  • NeighbourhoodCannington
  • Postal CodeL0E 1E0
  • Style
  • Price$ 749,000
  • Bedrooms7
  • Bathrooms4
  • Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
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:7434)

General Features

Property Type Single Family
Zoning Description HC
CommunityName Cannington
Amenities Golf Nearby, Marina, Schools
Building Amenities Fireplace(s)
Building Appliances Water Heater
Building Cooling Type None
Location Description Lakeridge Rd & Brock Concession Rd 14
Parking Space Total 23
Foundation Type Brick, Block, Wood
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present True
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Type None
Construction Style Attachment Detached
Flooring Type Carpeted, Linoleum, Tile
Living Area Range 3500
Bedrooms 7

Exterior Features

Structure Shed
Land Amenities Golf Nearby, Marina, Schools
Sewer Septic System
Exterior Finish Brick, Concrete Block

Room Details

Room Dimensions Level Flooring Details
Bedroom 3.16 m x 3.16 m Ground level 3.16 m
Bedroom 2 5.2 m x 4.4 m Second level 4.4 m
Kitchen 3.8 m x 3 m Ground level 3 m
Living room 3.3 m x 3.2 m Ground level 3.2 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L0E 1E0

Price
AVG $910K
$750K

Your Agent

Melissa Caron

Sales Representative

705-325-1373


Listing provided by Melissa Caron, Sales Representative, REMAX Right Move

Listed By
LPT REALTY