For Sale

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

$1,595,000

12369 County Road 16 N/A, Severn, Ontario L0L 2C0 is For Sale and has a listing price of 1,595,000. The property is located in the Severn . It's been on the website for 109 Days.

  • Investment
    Property Type
  • 10
    Bathrooms
  • MLS ID: S8466538
  • Office Name SUTTON GROUP INCENTIVE REALTY INC.
Property 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.

Property Details
  • MLS ID: S8466538
  • Bathrooms: 10
  • Price: $1,595,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: S8466538
  • Year Built: N/A
  • Dir / Cross St: F.R Nelson Road
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/15/2025 S12346588 $1,495,000 For Sale - -
06/21/2024 S8466538 $1,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Severn
  • $1,115,618 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 43.67 % Below
  • Sold (12mo) 99
  • Rented (12mo) 20

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Washroom Type1: 10
  • Garage Type Outside/surface
  • Taxes: $6,024
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 21/06/2024 16:11:11
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