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About the Listing 285400 -
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.
Listing Highlights for 15 Coldwater Rd
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Partial
- Heating:
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- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
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Financial Details
- Tax Amount: $6,391
- Taxes w/Assessments: N/A
- Tax/Property ID: 585920008
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
15 Coldwater Rd Severn, ON L0K 1E0
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