12369 County Road 16 N/A
Rural Severn / Severn, ON L0L 2C0
About This Property
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 Details
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Features & Amenities
- View
- Air Conditioning
- Basement
Buying or selling in Severn?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
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MLS® S12604756
Listed by SUTTON GROUP INCENTIVE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
last list price — no longer for sale
Team Filipe · RE/MAX · (647) 210-6070
Listed By
SUTTON GROUP INCENTIVE REALTY INC.