$749,000
Available - For Sale
Listing ID: N13213088
22985 Lakeridge Road , Brock, L0E 1E0, Durham
| 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. |
| Price | $749,000 |
| 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 |
| Washroom Type 6 | 4 | Ground |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 4 | Second |
| Washroom Type 10 | 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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| LPT REALTY |
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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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