$829,000

House For Sale In Brock, Ontario

$829,000
  • 7

    Bedrooms

  • 5

    Baths

  • 133.2 x 238.4 FT

    Lot Size

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

Courtesy of: LPT REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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