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12369 COUNTY ROAD 16
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12369 COUNTY ROAD 16 $2,040,000
$2,040,000
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12369 COUNTY ROAD 16
Coldwater, Ontario L0L2C0

MLS® Number: 40609857
8
Bedrooms
8
Bathrooms
6556
Square Feet

Listing Description

Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). 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. (67685118)

Location Description

400 North, to Vassey Rd. (East), turn left onto Old Creamery Rd. - merge right onto County Rd. 16, at the corner.

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
6556 sqft
Subdivision Name
SE57 - Coldwater
Title
Freehold
Land Size
1.354 ac|1/2 - 1.99 acres
Built in
1974
Annual Property Taxes
$6,023.62
Parking Type
Detached Garage
Time on REALTOR.ca
100 days

Building

Bathrooms
Total
8
Interior Features
Basement Type
None
Building Features
Features
Crushed stone driveway
Foundation Type
Poured Concrete
Total Units
8
Heating & Cooling
Heating Type
Baseboard heaters, (Electric), (Propane)
Utilities
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Stone, Vinyl siding
Neighbourhood Features
Community Features
Quiet Area
Parking
Parking Type
Detached Garage
Total Parking Spaces
10

Measurements

Square Footage
6556 sqft
Above Grade Finished
6556 sqft
Source: Other

Land

Lot Features
Frontage
298 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
RM2
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6

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