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15 COLDWATER ROAD
Severn (Coldwater) Ontario L0K1E0 Canada

$830,000

Active Listing ID S12496660
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12,000 square feet
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Multi-family

$830,000

Active Listing ID S12496660
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15 COLDWATER ROAD 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 6.3% cap rate with significant rental upside over 50% and priced at just $118, 500 per unit. Tenants pay hydro, and all units are heated with electric baseboard systems, keeping owner expenses low. Attractive vendor financing available potential first-position VTB up for qualified purchasers. 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Partially air conditioned
  • Heating Systems: Forced air, Electric
  • Additional Features
  • Basement
Listing Changed: 10/31/2025 6:55:19 PM GMT
Source Updated Date: 12/19/2025 2:06:47 PM GMT

Courtesy of: ANDREW ODOARDI, Salesperson, EXP REALTY