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12369 County Road 16, Coldwater, ON, L0L 2C0

MLS® # 40609857
Investment For Sale In Coldwater, Ontario
$1,950,000
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
12369 County Road 16, Coldwater, ON
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Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,950,000 property in Coldwater

Provided by TD Insurance
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12369 County Road 16, Coldwater, ON, L0L 2C0
$1,950,000

Property Information:

Multi Residential investment opportunity with 10 unit 2-storey apartment (8 are registered with the municipality), producing a net income of $73,785.94 (8 units). All units are one bedroom and all current rents are inclusive of utilities, but future possibility to reduce expenses and increase NOI as separate hydro meters have been installed, but not yet connected. Property contains 3 septic beds and 1 drilled well. Building being sold "as is where is" with no seller representations and warranties. Seller estimated approximately $70,000 in additional capital investment for final occupancy and completion. Good potential for increased cap rate, NOI and returns for a handy person willing to take on the project.

Inclusions: Other

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 6556 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range:
  • Basement: None
  • Built in: 1974
  • Construction Materials: Stone, Vinyl Siding
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Landscaped, Lighting, Separate Hydro Meters
  • Floor Space (approx): 6556 Square Feet
  • Heating: Baseboard, Electric, Propane
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite, Other
  • Lot Features: Irregular Lot, Highway Access, Open Spaces, Quiet Area
  • Lot Frontage: 297.81 Feet
  • Other Structures: None
  • Parking Features: Detached Garage, Gravel, Unassigned
  • Road Frontage Type: Public Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Rolled/Hot Mop, Shingle, Tar/Gravel
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Well
  • Zoning: RM2
  • Sewer: Septic Tank
  • No. of Parking Spaces: 10

Courtesy of: Sutton Group Incentive Realty Inc. Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 12369 County Road 16, Coldwater, ON, L0L 2C0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 12369 County Road 16 , experiences 7 hot days per year at around 30.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.4℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 12369 County Road 16 , experiences 11 significant 2-day storms per year, with about 321.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.7mm of precipitation per year.

Precipitation Per Storm

Past
321.9mm
2050
408.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12369 County Road 16, Coldwater, ON, L0L 2C0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$116,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.49 %

High school certificate or equivalent

32.39 %

Apprenticeship trade certificate/diploma

9.86 %

College/non-university certificate

28.17 %

University Degree

14.09 %

Commuter

Travel To Work

By Car

100.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.5 %

Houses

92.5 %

Own Vs. Rent

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