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$599,999
Status: For Sale
Turnkey investment opportunity in the heart of Goderich! This fully tenanted fourplex offers immediate cash flow with all tenants paying their own utilities. The building features two 2-bedroom units and two 1-bedroom units with the following monthly rents: Unit 1 - $968, Unit 2 - $945, Unit 3 - $790, and Unit 4 - $1,000, for a total gross rental income of $3,703 per month ($44,436 annually). Landlord expenses are limited to snow removal and lawn maintenance, helping maximize your return. Ideally situated within walking distance of the historic Goderich Square, shopping, restaurants, parks, and everyday amenities. Whether you're expanding your investment portfolio or purchasing your first income property, this well-located fourplex offers strong cash flow and excellent long-term investment potential.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13561448 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Jul, 2026 (21 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Huron |
|---|---|
| Postal Code | :
N7A 2E1
|
| Price | : $599,999 |
|---|---|
| Property Taxes | :$5643.18 |
| Tax Year | :2025 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :21 |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :Elgin Ave and South St |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3000-3500 sqft |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
| Living Room | :4.39 m x 3.67 m |
|---|---|
| Living Room | :6.07 m x 4.7 m |
| Kitchen | :4.5 m x 2.87 m |
| Bedroom 2 | :4.4 m x 2.82 m |
| Foyer | :2.13 m x 4.14 m |
| Bathroom | :3.16 m x 1.56 m |
| Laundry | :2.79 m x 1.34 m |
|---|---|
| Bathroom | :1.98 m x 2.41 m |
| Kitchen | :4.22 m x 4.19 m |
| Primary Bedroom | :2.96 m x 4.19 m |
| Primary Bedroom | :3.92 m x 3.48 m |
| Living Room | :2.88 m x 2.51 m |
| Exterior Finish | :Aluminum Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Unfinished |
| Park | :Park |
|---|---|
| Library | :Library |
14 Jul, 2026
TREB #X13561448
Listed
$599999.0
