Severn Commercial Properties for Sale

Commercial Real Estate in Severn available for sale

Severn Commercial Property for Sale

570 Laclie St

Orillia, ON L3V 4A9

Land for Sale
$1,975,000 CAD
1.29 AC Lot

Orillia Land for Sale - Northern GGH

In 2021, the City of Orillia approved a rezoning from C4(i)H2 to R5-13i(H2) to allow for a 7-storey building with 70 dwelling units. The current site plan illustrates one 7-storey building (first floor parking, plus 6 residential floors above) consisting of 70 residential condo units and 91 parking spaces, Unit mix: 52 One-Bedroom Suites, 8 Two-Bedroom Suites and 10 Three-Bedroom Suites, with a 1.3 parking ratio. Total GFA = 91,446SF / Total NSA = 82,271 SF - Site coverage of 23.15%. Zoning By-Law Amendment 2021-37 allows for density of 133.89 units /hectares.

Contact:

Sutton Group - Incentive Realty

Property Subtype:

Residential

Date on Market:

2025-02-27

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12369 County Rd 16

Coldwater, ON L0K 2C0

Multifamily for Sale
$1,295,000 CAD
6,556 SF

Security System

Coldwater Multifamily for Sale - Northern GGH

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.

Contact:

Sutton Group - Incentive Realty

Property Subtype:

Apartment

Date on Market:

2024-10-21

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Commercial Properties for Sale in Severn

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How many commercial properties are available for sale in Severn?

There are currently 2 commercial properties available for sale in Severn, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Severn?

The average size of commercial properties available for sale in Severn is about 6,556 SF. The largest commercial properties available to buy is 6,556 SF and the smallest is 6,556 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Severn?

The average market cap rate for commercial properties for sale is about 5.33% based on data provided in Severn. Learn more about how cap rates are calculated.

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