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21 COLDWATER ROAD E/S ROAD, Severn, Ontario

$799,500

5,000 Square Feet

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:23309)

Listing ID: S12246040
Property Type: Multi-family

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Details

Transaction: For sale
Zoning Description: C1

Building

Cooling: Partially air conditioned
Fireplace Present: False
Heating: Baseboard heaters
Size Interior: 5000 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 26 ft ,9 in
Size Irregular: 26.82 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 21 COLDWATER ROAD E/S 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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