15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

MLS® # S12496660

Investment For Sale In Severn, Ontario

$830,000

Details
Map
Demographics
Street View
Get Directions

15 Coldwater Road, Severn, ON - Photo Showing Other Room

Advertising

15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

$830,000

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 12000 sqft
Heating Type: Forced air
Heating Fuel: Electric
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Floor Space (approx): 12000 Square Feet
Irregular: Yes
Lot Depth: 204.0 Feet
Lot Frontage: 64.0 Feet
Lot Size: 64 x 204 FT
Zoning: C1

Courtesy of: EXP REALTY

More Detail

Less Detail

Market Price Trends

All Properties

-1.81%

Price change (1 year)

33.85%

Price change (5 years)

Location of 15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 15 COLDWATER ROAD , experiences 7 hot days per year at around 30.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past

30.4℃

2050

33.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 15 COLDWATER ROAD , experiences 11 significant 2-day storms per year, with about 321.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.7mm of precipitation per year.

Precipitation Per Storm

Past

321.9mm

2050

408.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail

Less Detail

Demographic Information of 15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$104,500.06

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.71 %

High school certificate or equivalent

33.69 %

Apprenticeship trade certificate/diploma

6.17 %

College/non-university certificate

30.26 %

University Degree

12.17 %

Commuter

Travel To Work

By Car

92.84 %

By Public Transit

0.0 %

By Walking

7.16 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.25 %

Houses

95.75 %

Own Vs. Rent

More Detail

Less Detail

Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

15 COLDWATER ROAD, Severn, Ontario, L0K 1E0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing