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About the Listing 285400 -
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.
Listing Highlights for 21 Coldwater Road E/S Rd
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Partial
- Heating:
- Fireplaces:
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- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,767
- Taxes w/Assessments: N/A
- Tax/Property ID: 585920009
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
21 Coldwater Road E/S Rd Severn, ON L0K 1E0
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