+19 more
7
Bedrooms
5
Bathrooms
1 sqft
Lot
23
Parking
About This Property
This 7-bedroom, 5-bathroom single family in Brock offers a 1 sqft lot. 2 storeys. The property has lot dimensions of 133.2 x 238.4 FT. The home features tile and carpeted and linoleum flooring, forced air, natural gas heating, a fireplace. Highlights include a 20-car garage.
MLS Remarks
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. (id:60351)
Inclusions
Shop contents negotiable.
Documents & Attachments
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