22985 Lakeridge RD, Brock, ON L0E 1E0
22985 Lakeridge RD, Brock, ON L0E 1E0
22985 Lakeridge RD, Brock, ON L0E 1E0
22985 Lakeridge RD, Brock, ON L0E 1E0
22985 Lakeridge RD, Brock, ON L0E 1E0
22985 Lakeridge RD, Brock, ON L0E 1E0
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 749,000
Est. payment | /mo

7 Beds

5 Baths

0.5 Acres Lot

Save
$ 749,000
Est. payment | /mo
Save

7 Beds

5 Baths

0.5 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Cannington

MLS Listing ID N13213088

Style 2-Storey

Bedrooms 7

Annual Tax Amount $8,006

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Detached

Property 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.

Location

Province ON

County Durham

Area Durham

Zoning HC

Rooms

Basement None

Kitchen 4

Interior

Interior Features Water Heater

Cooling None

Fireplaces Type Natural Gas

Exterior

Parking Features Detached

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle,Flat

Total Parking Spaces 23

Building

Foundation Brick, Concrete Block, Wood

Lited by LPT REALTY

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22985 Lakeridge RD

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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