All photos · 12
19 Sturgeon Bay Road, Severn, ON L0K 3E0
$399,999
Beds
n/a
Baths
n/a
Type
Commercial
About this home
Top 5 Reasons You Will Love This Property: 1) Exceptionally located at the main gateway to the fast growing and vibrant Coldwater community, with prime exposure just off two major highways, positioning this site for strong future development and long-term growth potential 2) Current zoning allows for a broad range of commercial and mixed-use uses, offering flexibility for retail, office, or combined concepts in a high-traffic, business-friendly setting with multiple income-generating possibilities 3) A potential zoning change to residential may be explored, subject to township approvals, creating additional opportunities for both near-term and strategic long-range development and enhanced value creation 4) With site plan approval already in place, the property is ready for swift development of a 9,000 square foot commercial complex, or can be held as a smart land-bank investment in a rapidly expanding area 5) Immediate possession is available, allowing you to proceed with development right away or secure the land now and capitalize on future appreciation as the market continues to evolve making this a compelling investment opportunity.
What it could cost monthly
Estimated monthly
$1,832
Principal & interest, per month
- Mortgage amount
- $319,999
- Down payment
- $80,000
- Total interest paid
- $229,523
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Each office independently owned and operated.