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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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 Allan-John Boulanger to schedule a viewing or to discover other Severn real estate for sale.