22985 Lakeridge Road, Brock, ON L0E 1E0
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MLS® N13213088
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Overview
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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.
Bedrooms
7
Bathrooms
5.0
Area
4,250 sqft
Lot Size
0.7 acres
Type
Detached
Property Details
Year BuiltNot Disclosed
CityBrock
Postal CodeL0E1E0
Lot Dimensions133.20 × 238.42 ft
Parking23 spaces
Interior Features
Heat: Forced Air
Heat Source: Gas
Cooling: None
Style: 2-Storey
Exterior & Land
Sewer: Septic
Construction: Brick, Concrete Block
Roof: Asphalt Shingle, Flat
Utilities & Services
Heat SourceGas
SewerSeptic
22985 Lakeridge Road, Brock, ON L0E 1E0
Purchase Calculator
$749,000.00
$157,290.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
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Newly Built
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🏠 Home Expenses
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100%
$400.00
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Total Monthly Cost
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0
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Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
22985 Lakeridge Road, Brock, ON L0E 1E0
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