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Listed price in listed location currency (CAD).
$1,275,000

0100

MLS® S12604756

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage Outside/Surface
Taxes $6,626
Days Active 125
Lot Size 
Approx. Age 
MLS® Number S12604756

Property Address: 12369 County Rd 16, Severn, ON, L0K2C0

Average square foot calculated using Size range provided by listing agent.

Description

Multi-residential investment opportunity with 10-unit 2-story apartment (8 are legalized), 9 are leased. This asset is currently producing a net income of $68, 980.49 (8 units). Including all 9 leased units, the net income increases to $84, 580.49. If the property were fully leased, the potential NOI is over $100, 000. The Landlord pays for all utilities; separate hydro meters are available that have never been hooked up. The property contains 3 septic beds and 1 drilled well. The building is being sold in an as-is where-is capacity. There is outstanding capital required; Seller estimates $70, 000. The 2025 expenses are currently estimated.
MLS® NumberS12604756
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOutside/Surface
Approx. Age
Basement
DrivewayGarage Type:Outside/Surface
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Dec 5, 2025List Date
$1,275,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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