15 Coldwater Rd

For Sale New 20 hours
$830,000
beds
baths
12,000 Sqft

15 Coldwater Rd

For Sale New 20 hours
$830,000
beds
baths
12,000 Sqft

Highlights

Key insights

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 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:63267)

ANDREW ODOARDI of EXP REALTY,
#S12496660
updated 20 hours ago.
Houseful checked MLS® for data 20 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Partially air conditioned
  • Heat source
    Electric
  • Heat type
    Forced air
Location
  • Subdivision
    Coldwater
Overview
  • Lot size (acres)
    0.0
  • Building size
    12000
  • Listing #
    S12496660
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29054083/15-coldwater-road-severn-coldwater-coldwater
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,213

/ Month
25 Years fixed, 20% down payment, % interest
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