21 Coldwater Road E/s Road, Severn MLS Number: S12496658
Coldwater, Severn, Simcoe, ON, L0K 1E0$712,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $3767.0 (Tax Year:2024)
- Listing Courtesy : Exp Realty
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$712,000
Status: For Sale
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 6.5% and priced at only $89,000 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, 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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :S12496658 |
| 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 | : $712,000 |
|---|---|
| Property Taxes | :$3767.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Partial |
|---|---|
| Heating | :Baseboard |
| Cross Street | :Coldwater Rd / Sturgeon Bay Rd |
| Fireplace/Stove | :Yes |
|---|
31 Oct, 2025
TREB #S12496658
Listed
$712000.0
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