23565 Lake Ridge Road, Brock (Cannington) - Business for Sale
23565 Lake Ridge Road, Brock (Cannington), Ontario, L0E1E0
This business in Brock is for sale offering roughly 11,259 sq ft of space. It has been on the market 17 days, fresher than the Brock average of 65 days.
Description
Exceptional opportunity to operate a thriving convenience store in Lake Simcoe area. Located in a developing town, this business benefits from high-margin grocery items, with cigarette sales comprising only 20% of revenue. Close proximity to the GTA and numerous nearby cottages create strong customer demand. Includes a 3-bedroom apartment, ample parking, and excellent visibility. Additional revenue opportunities may be realized by introducing product lines such as beer, flowers, or other complementary items. Conveniently located within a reasonable distance from Toronto, the property benefits from strong underlying real estate value and also offers flexibility for conversion to other commercial uses. (id:66096)
Property Details
- MLS®
- N14096210
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 11,259 ft²
- Frontage
- 93 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $6,202.68/yr
- Listed
- 17 days ago
Features
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Active: 17 days on market, against an average age of 65 days across the listings currently for sale in this city
This business in Brock (Cannington) has been listed for 17 days, which is 48 days fresher than the city average of 65. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0E)
This home lists at $799,900, about 8.9× the local median household income of $90,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 74% above the area median.
- Median household income
- $90,000
- Population
- 21,898
- Median age
- 46.8
- Owner / renter
- 84% / 17%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L0E)
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$799,900
Brock