$729,000 Sale

Listed 1 hour

22985 Lakeridge Road

MLS® n14146886 Detached

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Beds · 7

Baths · 5

Garage · 3

Sqft · 3500-5000

Est. mortgage

$2,766/mo

Property Taxes

$8,006.93/yr

Key Facts

Key facts for 22985 Lakeridge Road

Property Type

House, 2-Storey

Parking

Detached 3 garage, 20 parking

MLS #

N14146886

Size

3500-5000 sqft

Basement

None

Listed on

2026-11-04

Lot size

133 x 238.42

Tax

$8,006.93 /yr

Days on Market

Approximate Age

Maintenance Fee

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 Tw...o 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.

Full Property Details

Interior

Bedrooms

Total Bedrooms

Washrooms

Square Footage

3500-5000 sqft

Basement

None

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

None

Family Room

Kitchens

Total Kitchens

Fireplace Features

Yes

Bedrooms

Total Bedrooms

Washrooms

Square Footage

3500-5000 sqft

Basement

None

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

None

Family Room

Kitchens

Total Kitchens

Fireplace Features

Yes

Exterior

Depth

238.42

Front

133.2

Acreage

.50-1.99

Driveway

Private

Lot Size

133 x 238.42 ft

Pool

None

Parking Spaces

Total Parking Spaces

23.00

Parking Description

Detached

Garage Spaces

Zoning

Depth

238.42

Front

133.2

Acreage

.50-1.99

Driveway

Private

Lot Size

133 x 238.42 ft

Pool

None

Parking Spaces

Total Parking Spaces

23.00

Parking Description

Detached

Garage Spaces

Zoning

Building Description

Style

2-Storey

Home Type

House

Subtype

Detached

Property Orientation

East

Exterior Finish

Brick,Concrete Block

Sewers

Septic

Water Supply

Well

Possession Date

No Data

Style

2-Storey

Home Type

House

Subtype

Detached

Property Orientation

East

Exterior Finish

Brick,Concrete Block

Sewers

Septic

Water Supply

Well

Possession Date

No Data

Community

Cannington

Community

Cannington

Taxes & Fees

Taxes

$8,006.93 /yr

Tax Year

2025

Occupancy

Owner+Tenant

Taxes

$8,006.93 /yr

Tax Year

2025

Occupancy

Owner+Tenant

Room Types

Bedroom

Large Window, Broadloom, Closet

Dimensions 14.11 x 11.81 feet

166.64 sqft

Bedroom

Window, Broadloom, Closet

Dimensions 14.11 x 11.81 feet

166.64 sqft

Bedroom

Window, Broadloom, Closet

Dimensions 9.84 x 13.12 feet

129.1 sqft

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