9
$830,000 Sale
Listed 22 hours ago
15 Coldwater Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 15 Coldwater Road
Key Facts
Key facts for 15 Coldwater Road
Property Type
Commercial
Parking
None
MLS #
S12496660
Size
-
Basement
-
Listed on
2025-10-30
Lot size
64 x 204.0
Tax
$6,391 /yr
Days on Market
2
Approximate Age
-
Maintenance Fee
-
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 renta...l 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.
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Courtesy of: EXP REALTY