SARS-CoV-2 does cause common cold like symptoms in the vast majority of cases, just like other coronaviruses. In particular it's quite similar to HCoV-OC43. The only reason those other endemic coronaviruses don't kill many people is that most of us get infected as children and build up some immunity.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7252012/