12369 County Road 16 N/A, Severn — For Sale in Severn
0 bed · 10 bath · Investment for sale in Severn.
12369 County Road 16 N/A, Severn, ON L0L 2C0
About This Property
Now for sale at 12369 County Road 16 N/A in Severn: a 0-bedroom, 10-bathroom investment listed at $1,275,000.
Multi-residential investment opportunity. This asset is currently producing a net income of $68,980.49 (8 units). 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 2026 expenses are currently estimated.
Property Specifications
| MLS® Number | S12604756 |
|---|---|
| Status | For Sale |
| List Price | $1,275,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 10 |
| Living Area | 1.354 sq ft |
| Address | 12369 County Road 16 N/A, Severn, ON L0L 2C0 |
| City | Severn |
| Postal Code | L0L 2C0 |
Listing Contracted With: SUTTON GROUP INCENTIVE REALTY INC.
