$829,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 12.47' x 9.84' | Window, Tile Floor, Eat-in Kitchen |
| 1 4-Piece Bathroom on Ground Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
| 1 2-Piece Bathroom on Ground Floor | ||||
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Rural Brock, Brock is an east GTA neighbourhood notable for its university grads, executives and business professionals. It has a higher than average population of immigrants. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
38%
of residents are
single and loving it.
38% singles
Brock (40%)
14%
of residents
are renters.
14% renters
Brock (18%)
15%
of residents are
university grads.
15% university grads
Brock (14%)Average Household Income
$112K
is the average household
income in the neighbourhood.
Professions
| Trades | 14% |
| Sales | 13% |
| Management | 9% |
| Business | 8% |
| Government | 6% |
9%
of residents were
born outside of Canada.
9% immigrants
Brock (9%)2.6% from UK
All-time
0.2% from UK
Recent
Foreign Languages
| German | 1% |
| French | 1% |
| Italian | 1% |
| Spanish | 1% |
Religions
| Christian | 64% |