$829,000
Available - For Sale
Listing ID: N12810722
22985 Lakeridge Road , Brock, L0E 1E0, Durham
| 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. |
| Price | $829,000 |
| Taxes: | $8006.93 |
| Occupancy: | Owner+T |
| Address: | 22985 Lakeridge Road , Brock, L0E 1E0, Durham |
| Acreage: | .50-1.99 |
| Directions/Cross Streets: | Lakeridge Rd & Brock Concession Rd 14 |
| Rooms: | 15 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Living Ro | 11.48 | 22.63 | Large Window, Broadloom |
| Room 2 | Ground | Bedroom | 9.84 | 13.12 | Window, Broadloom, Closet |
| Room 3 | Ground | Kitchen | 12.46 | 9.84 | Window, Tile Floor, Eat-in Kitchen |
| Room 4 | Second | Kitchen | 16.07 | 9.18 | W/O To Deck, Linoleum, Eat-in Kitchen |
| Room 5 | Second | Living Ro | 14.1 | 11.81 | Large Window, Broadloom |
| Room 6 | Second | Bedroom | 14.1 | 11.81 | Window, Broadloom, Closet |
| Room 7 | Second | Bedroom 2 | 17.06 | 14.43 | Window, Broadloom, Closet |
| Room 8 | Second | Kitchen | 16.07 | 9.18 | W/O To Deck, Linoleum, Eat-in Kitchen |
| Room 9 | Second | Living Ro | 14.1 | 11.81 | Large Window, Broadloom |
| Room 10 | Second | Bedroom | 14.1 | 11.81 | Large Window, Broadloom, Closet |
| Room 11 | Second | Bedroom 2 | 17.06 | 14.43 | Large Window, Broadloom, Closet |
| Room 12 | Ground | Living Ro | 10.82 | 10.5 | Fireplace, W/O To Yard |
| Room 13 | Ground | Bedroom | 10.36 | 10.36 | Window |
| Room 14 | Ground | Kitchen | 10.82 | 9.84 | Overlooks Frontyard, Linoleum, Eat-in Kitchen |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 2 | Ground |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick, Concrete Block |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 20 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Aux Residences |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Golf, Lake/Pond |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| LPT REALTY |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Durham |
| Municipality: | Brock |
| Neighbourhood: | Cannington |
| Style: | 2-Storey |
| Tax: | $8,006.93 |
| Beds: | 7 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |
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