15 COLDWATER ROAD, Severn (coldwater), ON L0K1E0

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 939,500

Est. payment | -/mo

12,000 SqFt

Save

$ 939,500

Est. payment | -/mo

Save

12,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $78

Subdivision Coldwater

MLS® Listing ID S12246036

Source Toronto Regional Real Estate Board

Property Description

Excellent 7-unit mixed-use investment in the heart of Coldwater, Ontario. The property comprises 4 residential units, primarily two-bedrooms and 3 established commercial tenants, offering strong in-place income with minimal vacancy history. Currently generating a 5.75% cap rate with significant rental upside over 50% and priced at just $134,000 per unit. Tenants pay hydro, and all units are heated with electric baseboard systems, keeping owner expenses low. The building is in good structural condition with some recent capital upgrades completed.This asset is part of a larger portfolio offering, with 29 additional residential and commercial units all located on the same block. Ideal for investors seeking scale, upside, and long-term stability in a growing town. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

Listed by EXP REALTY

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

15 COLDWATER ROAD Severn (coldwater), ON L0K1E0