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:47421)
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Detailed Information
Bedrooms
7
Bathrooms
5
Lot
133.17 x 238.33 ft
Amenities Nearby
Golf Nearby, Marina, Schools
Equipment
None
Listing Contract Date
2026-02-23
Location Description
Lakeridge Rd & Brock Concession Rd 14
Ownership Type
Freehold
# of Parking Spaces
23
Property Type
Single Family
Rental Equipment
None
Structures
Shed
Transaction Type
For sale
Zoning Description
HC
Building
Amenities
Fireplace(s)
Appliances
Water Heater
Basement Type
None
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Brick, Concrete Block
Fireplace Present
Yes
Flooring Type
Carpeted, Linoleum, Tile
Foundation Type
Brick, Block, Wood
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Drilled Well
Rooms
Room
Level
Dimensions
Notes
Bedroom 2
Second level
5.2 m x 4.4 m
Kitchen
Second level
4.9 m x 2.8 m
Living room
Second level
4.3 m x 3.6 m
Bedroom
Second level
4.3 m x 3.6 m
Bedroom 2
Second level
5.2 m x 4.4 m
Kitchen
Second level
4.9 m x 2.8 m
Living room
Second level
4.3 m x 3.6 m
Bedroom
Second level
4.3 m x 3.6 m
Living room
Ground level
3.5 m x 6.9 m
Living room
Ground level
3.3 m x 3.2 m
Bedroom
Ground level
3.16 m x 3.16 m
Kitchen
Ground level
3.3 m x 3 m
Bedroom
Ground level
3 m x 4 m
Kitchen
Ground level
3.8 m x 3 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Utilities
Type
Description
Cable
Available
Electricity
Installed
Land
Total Size
133.2 x 238.4 FT | 1/2 - 1.99 acres
Amenities
Golf Nearby, Marina, Schools
Sewer
Septic System
Size of Irregular Land
133.2 x 238.4 FT
Surface Water
Lake/Pond
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