22985 Lakeridge Rd, Brock, Ontario L0E 1E0
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$177/sqft
Monthly cost
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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.
Property Details
Interior
Features
2nd Floor
Kitchen
4.9 x 2.8W/O To Deck / Linoleum / Eat-In Kitchen
Living
4.3 x 3.6Large Window / Broadloom
Br
4.3 x 3.6Window / Broadloom / Closet
2nd Br
5.2 x 4.4Window / Broadloom / Closet
Exterior
Features
Parking
Garage spaces 3
Garage type Detached
Other parking spaces 20
Total parking spaces 23
Property History

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