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15 COLDWATER ROAD, Severn, Ontario

$939,500

12,000 Square Feet

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. (id:23309)

Listing ID: S12246036
Property Type: Multi-family

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Details

Transaction: For sale
Zoning Description: C1

Building

Cooling: Partially air conditioned
Fireplace Present: False
Heating: Forced air
Heating Fuel: Electric
Size Interior: 12000 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 64 ft
Size Irregular: 64 x 204 FT

Listing provided by EXP REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 15 COLDWATER ROAD in Severn Ontario. It was last modified on June 26th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Severn real estate for sale.

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