12369 County Road 16, Severn, Ontario

$1,295,000

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10

Baths

1

Square foot

1.35

Acres

About 12369 County Road 16

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:6289)

Features of 12369 County Road 16

Listing # S12346588
Price $1,295,000
Bathrooms 10.00
Square Footage 1
Acres 1.35
Type Multi-family

Community Information

Address 12369 County Road 16
Subdivision Rural Severn
City Severn
Province Ontario
Postal Code L0L2C0

Amenities

Amenities Highway
Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling Partially air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeSUTTON GROUP INCENTIVE REALTY INC.

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Listing information last updated on October 28th, 2025 at 8:46am PDT.