12369 County Road 16, Coldwater ON L0L 2C0

$ 1,695,000
12369 County Road 16, Coldwater ON L0L 2C0,
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Overview

  • Updated On:
  • April 1, 2025
  • 8 Bedrooms
  • 8 Bathrooms
  • 6,556 ft2

Description

Multi Residential investment opportunity with 10 unit 2-storey apartment (8 are registered with the municipality), producing a net income of $73,785.94 (8 units). All units are one bedroom and all current rents are inclusive of utilities, but future possibility to reduce expenses and increase NOI as separate hydro meters have been installed, but not yet connected. Property contains 3 septic beds and 1 drilled well. Building being sold “as is where is” with no seller representations and warranties. Seller estimated approximately $70,000 in additional capital investment for final occupancy and completion. Good potential for increased cap rate, NOI and returns for a handy person willing to take on the project.

Address: 12369 County Road 16, Coldwater ON L0L 2C0
City:
State/County:
Zip: L0L 2C0
Country: CA
Open In Google Maps
Property Id : 1865015
Price: $ 1,695,000
Property Size: 6,556 ft2
Property Lot Size: 1 ft2
Bedrooms: 8
Bathrooms: 8
Other Features
Dryer
Has Garage
Has Heating System
Landscaped
Lighting
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
Washer
$ 6,571.85
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,571.85

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif