21 COLDWATER ROAD E/S ROAD, Severn (Coldwater), Ontario, CA

Address: 21 COLDWATER ROAD E/S ROAD, Severn (Coldwater), Ontario

0 Beds0 Baths5000 sqftStatus: Buy
Price $799,500

Property Overview


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 5.8% and pricing of less than $100,000 per unit. All utilities are separately metered, with some tenants paying their own heat and hydro. 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. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
5000 sqft
Community Name
Coldwater
Land Size
26.82 FT
Building
Building Features
Square Footage
5000 sqft
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
C1
Features
           Partially air conditioned
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Your Home Finance Calculation

Property Price CA $799,500
Bank Loan Amount CA $0
Monthly Installment CA $0

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