21 Coldwater Road E/s Road, Severn, ON L0K 1E0

  • $799,500
21 Coldwater Road E/s Road, Severn, ON L0K 1E0
For Sale Active
21 Coldwater Road E/s Road, Severn, ON L0K 1E0
21 Coldwater Road E/s Road, Severn, ON L0K 1E0
  • $799,500

Description

Well-located 8-unit mixed-use asset in the heart of downtown Coldwater, featuring 6 residential units and 2 highly established commercial tenants. With a 60% gap to market rents, this property offers strong long-term upside alongside an attractive entry cap rate of 5.8% and pricing of less than $100,000 per unit. All utilities are separately metered, with some tenants paying their own heat and hydro. Seller open to offering a potential first-position VTB of up to 70% loan-to-value, providing attractive financing flexibility for qualified buyers. Capital items are in good condition, including a 10-year-old roof and newer hot water tanks.This asset is part of a larger portfolio totalling 28 additional residential and commercial units, all situated on the same block, offering an excellent opportunity to acquire scale in a growing, high-demand small-town market.

  • Address 21 Coldwater Road E/s Road
  • City Severn
  • State/county ON
  • Zip/Postal Code L0K 1E0
  • Country CA

Details

Updated on July 20, 2025 at 12:21 am
  • Property ID: S12246040
  • Price: $799,500
  • Property Size: 5000 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: S12246040
  • Investment, Commercial Sale
  • Property Type
  • 5000
  • Sqft

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