7
  • S12346588
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 10
  • Bathrooms
  • 1.354 Sqft
  • Area Size

12369 County Road 16 N/A, Severn, ON L0L 2C0

  • $1,295,000
  • $1,495,000

Description

Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). Including all 10 units, the net income increases to over $100,000. The Landlord pays for all utilities, there are separate hydro meters available that have never been hooked up. Property contains 3 septic beds and 1 drilled well. Building being sold in an as is where is capacity. There are outstanding capital required, Seller estimates $70,000.

Details

MLS® Number S12346588
10 Bathrooms
Property Size 1.354 Sqft
Updated on September 26, 2025 at 7:21 pm

Additional details

  • Utilities: Available
  • Sewer: Septic
  • Cooling: Partial
  • County: Simcoe
  • Property Type: Commercial Sale
  • Community Features: Major Highway

Address

  • Address: 12369 County Road 16 N/A
  • City: Severn
  • State/county: ON
  • Zip/Postal Code: L0L 2C0

Contact Information

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