12774 COUNTY RD 16 Road, Severn

$3,299,000
12774 COUNTY RD 16 Road

$3,299,000

New
807d
Sale Of Business

12774 COUNTY RD 16 Road, Severn

Total Monthly Obligation $13,885

HausQ Valuation Report
Beds
0
Baths
0
Park
15
DOM
807d
Property Type-Sale Of Business
MLS® Number-S12622492
Beds-0
Lot Size-346 ft (front)
Listed on site-Aug 7, 2024
Building Type-Sale Of Business
Taxes-$2,436.62 (2023)
Parking-15 - Unknown
Basement-Crawl Space
Heating-Unknown
Brokerage-Royal LePage First Contact Realty Brokerage
Cooling-Unknown
Fireplace-No
Pool-None
Exterior-Aluminum Siding
Roof-Unknown
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Fesserton
Title-Commercial

No agent assigned

A great opportunity to own this commercial Property consisting of a 9 unit motel and includes a 3 bedroom attached residence. Located just outside of Coldwater. Almost 3 acres of land.

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Closing Costs

Mortgage Amount
$2,639,200
Land Transfer Taxes$68,950
Legal Fees (Est.)
$
Total cash required for closing$730,250

Total Monthly Obligation

$13,885/mo
Mortgage $13,307
Monthly Loss $10,384
Principal$3,502
Interest$9,805
Property Tax$203
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 12774 COUNTY RD 16 Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.