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Listed price in listed location currency (CAD).
$829,000

7520

MLS® N12810722

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $8,007
Days Active 7
Lot Size 
Approx. Age 
MLS® Number N12810722

Property Address: 22985 Lakeridge Rd, Cannington, ON, L0E1E0

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberN12810722
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementNone
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Second Floor9.19 × 16.08 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$829,000List Price
  • Commute

Commute

Starting Address
Destination Address
22985 Lakeridge Rd, Cannington, ON

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