$939,500

Investment For Sale
MLS - #S12246036
Jul 20- 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

Jul 20

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

Principal and InterestProperty Taxes$3588.25/ month

Some information about this property - Coldwater Road

Default Agent

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