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15 COLDWATER ROAD
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15 COLDWATER ROAD $939,500
2 days ago
$939,500
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15 COLDWATER ROAD
Severn (Coldwater), Ontario L0K1E0

MLS® Number: S12246036

Listing Description

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 5.75% cap rate with significant rental upside over 50% and priced at just $134,000 per unit. Tenants pay hydro, and all units are heated with electric baseboard systems, keeping owner expenses low. 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. (40768623)

Location Description

Coldwater Rd / Gray St

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Coldwater
Land Size
64 x 204 FT
Annual Property Taxes
$6,391
Time on REALTOR.ca
2 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Electric)
Utilities
Water
Municipal water

Measurements

Square Footage
12000 sqft

Land

Lot Features
Frontage
64 ft
Land Depth
204 ft
Other Property Information
Zoning Description
C1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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