Oakwyn Realty Ltd.
12369 COUNTY ROAD 16 - Photo 1 of 8, Severn, Ontario
1 / 8
$1,275,000

12369 COUNTY ROAD 16 — Severn, Ontario

L0L2C0

10Baths
1Sq Ft
1Lot Sq Ft

Listed by SUTTON GROUP INCENTIVE REALTY INC.

About This Property

Multi-residential investment opportunity with 10-unit 2-story apartment (8 are legalized), 9 are leased. This asset is currently producing a net income of $68,980.49 (8 units). Including all 9 leased units, the net income increases to $84,580.49. 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 2025 expenses are currently estimated. (id:63357)

Property Details

Property Type
Multi-Unit
Bathrooms
10
Living Area
1 sqft
Status
Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Price History

$1,275,000

Mar 7, 2026

↓ $20,000

-1.5%

Severn Market Snapshot

55

Active Listings

$889K

Median Price

0

Avg Days on Market

Last updated: Feb 2, 2026

Keep Browsing

All Severn Homes
Browse all listings
$1M-$1.5M
Similar price range

Explore Severn

All Severn
Multi-Units

Listed by

SUTTON GROUP INCENTIVE REALTY INC.

Powered by REALTOR.ca

The data relating to real estate on this website comes in part from the MLS® Reciprocity program.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.

The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

$1,275,000