12369 County Road 16 Severn, Ontario L0L 2C0
$1,295,000
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. (id:53503)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | S12346588 |
| Property Type | Multi-family |
| Community Name | Rural Severn |
| Amenities Near By | Highway |
| Features | Irregular Lot Size |
Building
| Bathroom Total | 10 |
| Age | 31 To 50 Years |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 1 Ac |
| Type | Multi-family |
Land
| Acreage | Yes |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Frontage | 297 Ft ,9 In |
| Size Irregular | 1.354 |
| Size Total | 1.354 Ac |
| Size Total Text | 1.354 Ac |
| Zoning Description | Rm2 |
https://www.realtor.ca/real-estate/28738067/12369-county-road-16-severn-rural-severn
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Toronto Real Estate Board
Sutton Group Incentive Realty Inc.
October 16 2025 02:29:10
