15 Coldwater Road, Severn, ON L0K 1E0

  • $939,500
15 Coldwater Road, Severn, ON L0K 1E0
For Sale Active
15 Coldwater Road, Severn, ON L0K 1E0
15 Coldwater Road, Severn, ON L0K 1E0
  • $939,500

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. 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.

  • Address 15 Coldwater Road
  • City Severn
  • State/county ON
  • Zip/Postal Code L0K 1E0
  • Country CA

Details

Updated on July 20, 2025 at 12:22 am
  • Property ID: S12246036
  • Price: $939,500
  • Property Size: 12000 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: For Sale, Active

Additional details

  • Utilities: Yes
  • Cooling: Partial
  • County: Simcoe
  • Property Type: Commercial Sale

Overview

Property ID: S12246036
  • Investment, Commercial Sale
  • Property Type
  • 12000
  • Sqft

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