For Sale

15 Coldwater Road, Severn, Ontario L0K 1E0

$830,000

15 Coldwater Road, Severn, Ontario L0K 1E0 is For Sale and has a listing price of 830,000. The property is located in the Severn neighbourhood . It's been on the website for 4 Days.

  • Investment
    Property Type
  • MLS ID: S12496660
  • Office Name EXP REALTY
Property 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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S12496660
  • Price: $830,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 204
  • Ref ID: S12496660
  • Dir / Cross St: Coldwater Rd / Gray St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
10/31/2025 S12496660 $830,000 For Sale - -
06/26/2025 S12246036 $939,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Severn
  • $1,083,590 Average List Price
    based on 1 year
  • 108 New Listings
    based on 30 days
  • 86 Median Days on Market
    based on 1 year
  • List vs. Selling Price 37.62 % Below
  • Sold (12mo) 221
  • Rented (12mo) 37

  • 1 Month Change -33.0%
  • 3 Month Change -30.2%
  • 6 Month Change +11.9%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $6,391
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 31/10/2025 17:29:25
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