ON > Severn > Coldwater
Severn, ON L0K 1E0,15 Coldwater RD
Severn, ON L0K 1E0,15 Coldwater RD
Severn, ON L0K 1E0,15 Coldwater RD
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$830,000
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15 Coldwater RD Severn, ON L0K 1E0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Coldwater

MLS Listing ID S12496660

Annual Tax Amount $6,391

Tax Year 2024

Property Sub-Type Investment

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 6.3% cap rate with significant rental upside over 50% and priced at just $118,500 per unit. Tenants pay hydro, and all units are heated with electric baseboard systems, keeping owner expenses low. Attractive vendor financing available potential first-position VTB up 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.

Location

Province ON

County Simcoe

Community Coldwater

Area Simcoe

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 64.0

Lot Depth 204.0

Others

ParcelsYN No

Listed by EXP REALTY
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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15 Coldwater RD

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