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CAONSevern12369 County Rd 16
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12369 County Rd 16, Severn, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$1,295,000

0100

MLS® S12604756

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,626
Days Active 1
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 5, 2025List Date
$1,295,000List 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
  • Commute

Commute

Starting Address
Destination Address
12369 County Rd 16, Severn, ON

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