Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Amenities:
Basement Type: None
Construction Style - Attachment: Detached
Exterior Finish: Brick, Aluminum siding, Concrete Block
Fireplace: Yes
Floor Space: 3500 - 5000 sqft
Flooring Type: Carpeted, Linoleum, Tile
Foundation Type: Block, Wood
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances:

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 7
Bathrooms: 5
Half Bathrooms: 1
Amenities Nearby: Golf Nearby, Marina, Schools
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 238.3 Feet
Lot Frontage: 133.2 Feet
Lot Size: 133.2 x 238.4 FT
Structure Type: Shed
Surface Water:
Utility Type: Cable - Available, Hydro - Installed
Zoning: HC
Sewer: Septic System
Parking Type: Detached garage, Garage
No. of Parking Spaces: 23

Rooms:

2nd Bedroom 2nd Level 5.20 m x 4.40 m
Kitchen 2nd Level 4.90 m x 2.80 m
Living 2nd Level 4.30 m x 3.60 m
Bedroom 2nd Level 4.30 m x 3.60 m
2nd Bedroom 2nd Level 5.20 m x 4.40 m
Kitchen 2nd Level 4.90 m x 2.80 m
Living 2nd Level 4.30 m x 3.60 m
Bedroom 2nd Level 4.30 m x 3.60 m
Living Ground Level 3.50 m x 6.90 m
Living Ground Level 3.30 m x 3.20 m
Bedroom Ground Level 3.16 m x 3.16 m
Kitchen Ground Level 3.30 m x 3.00 m
Bedroom Ground Level 3.00 m x 4.00 m
Kitchen Ground Level 3.80 m x 3.00 m

Convert Measurement to:

Courtesy of: LPT REALTY

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Demographic Information of 22985 LAKERIDGE ROAD, Brock, Ontario, L0E 1E0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,939.16

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.8 %

High school certificate or equivalent

36.42 %

Apprenticeship trade certificate/diploma

7.9 %

College/non-university certificate

27.05 %

University Degree

6.82 %

Commuter

Travel To Work

By Car

95.91 %

By Public Transit

0.0 %

By Walking

0.38 %

By Bicycle

0.0 %

By Other Methods

3.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.17 %

Houses

99.83 %

22985 LAKERIDGE ROAD, Brock, Ontario, L0E 1E0