21 Coldwater Road Es Rd

For Sale New 20 hours
$712,000
beds
baths
5,000 Sqft

21 Coldwater Road Es Rd

For Sale New 20 hours
$712,000
beds
baths
5,000 Sqft

Highlights

Key insights

Description

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 6.5% and priced at only $89,000 per unit. All utilities are separately metered, with some tenants paying their own heat and hydro. Seller open to offering a potential first-position VTB, providing attractive financing flexibility for qualified buyers. 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:63267)

ANDREW ODOARDI of EXP REALTY,
#S12496658
updated 20 hours ago.
Houseful checked MLS® for data 20 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Partially air conditioned
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    Coldwater
Overview
  • Lot size (acres)
    0.0
  • Building size
    5000
  • Listing #
    S12496658
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29054082/21-coldwater-road-es-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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$-1,899

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25 Years fixed, 20% down payment, % interest
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