21 Coldwater Road E/s Road, Severn, Ontario L0K 1E0 is For Sale and has a listing price of 712,000. The property is located in the Severn . It's been on the website for 4 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 10/31/2025 | S12496658 | $712,000 | For Sale | - | - |
| 06/26/2025 | S12246040 | $799,500 | For Sale | - | - |
