$939,500

Investment For Sale
MLS - #S12246036
11 hours ago- By EXP REALTY

15 Coldwater Road, Severn, ON L0K 1E0

Bed
Bath
12000 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

12000 Sqft

About 15 Coldwater Road

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. Attractive vendor financing availablepotential first-position VTB up to 70% LTV for qualified purchasers.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.

Home Overview

Last updated

11 hours ago

Virtual tour

None

Basement information

Building size

12000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Partial
Heating:Electric Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
93950000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 15 Coldwater Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Coldwater Road

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