12369 County Road 16 N/A
About this property
Multi-residential investment opportunity. This asset is currently producing a net income of $68,980.49 (8 units). If the property were fully leased, the potential NOI is over $100,000. The Landlord pays for all utilities; separate hydro meters are available that have never been hooked up. The property contains 3 septic beds and 1 drilled well. The building is being sold in an as-is where-is capacity. There is outstanding capital required; Seller estimates $70,000. The 2026 expenses are currently estimated.
Features & finishes
Property details
| MLS® Number | S12604756 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 1 sq ft |
| Beds / Baths | 0 bed · 10 bath |
| Neighbourhood | Rural Severn |
| City | Severn |
| Postal Code | L0L 2C0 |
| Province | ON |
| Listed Date | December 5, 2025 |
| Days on Market | 244 |
| Price per Sq Ft | $1,275,000 |
| Brokerage | SUTTON GROUP INCENTIVE REALTY INC. |
Location
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