15 Coldwater Road, Severn MLS Number: S12496660
Coldwater, Severn, Simcoe, ON, L0K 1E0$830,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $6391.0 (Tax Year:2024)
- Listing Courtesy : Exp Realty
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$830,000
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :S12496660 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :31 Oct, 2025 (34 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L0K 1E0
|
| Price | : $830,000 |
|---|---|
| Property Taxes | :$6391.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Partial |
|---|---|
| Heating | :Electric Forced Air |
| Cross Street | :Coldwater Rd / Gray St |
| Fireplace/Stove | :No |
|---|
31 Oct, 2025
TREB #S12496660
Listed
$830000.0
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