22985 Lakeridge Road, Brock, ON L0E 1E0
Brock, ON, L0E 1E0 · Cannington
About this property
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.
Features & Amenities
- Garage: Detached
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Concrete Block
- Sewer: Septic
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 5 |
| Lot Size | 1 Feet |
| Basement | None |
| Garage | Detached |
| Parking Spaces | 20 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Septic |
| Annual Tax | $8,007 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Other Structures
- Aux Residences, Garden Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Concrete Block
- Foundation Details
- Brick, Concrete Block, Wood
- Roof
- Asphalt Shingle, Flat
- Basement
- None
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 20
- Parking Total
- 23.00
- Parking Features
- Private
- Covered Spaces
- 3
Lot & Land
- Lot Size Area
- 0.76
- Lot Size Units
- Feet
- Lot Depth
- 238.42
- Lot Width
- 133.20
Community & Neighborhood
- Property Features
- Golf, Lake/Pond, Marina, River/Stream, School
Financial & Tax
- Tax Annual Amount
- $8,007
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Septic
- Water Source
- Drilled Well
Room Details
- Rooms Above Grade
- 15
- Rooms Total
- 7
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Owner+Tenant
- Direction Faces
- East
- County Or Parish
- Durham
- Cross Street
- Lakeridge Rd & Brock Concession Rd 14
- Directions
- Lakeridge Rd & Brock Concession Rd 14
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
22985 Lakeridge Road, Brock, ON L0E 1E0, Brock, ON, L0E 1E0