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$1,649,900
Ontario,Goderich (Goderich (Town))
For Sale Active
77 MONTREAL STREET, Goderich (Goderich (Town)), Ontario N7A2G5
  • 10
  • 7
  • 5000 - 100000Square Feet
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Basic Details
Description

Investor Alert: Welcome to Your Next Investment Opportunity. This well-maintained legal 5 Plex located just off the square in Goderich includes: 1-4 bedroom, 2-2 bedroom, and 2- 1 bedroom units. All units are spacious and include fridge, stove, and some also offer washer/dryer hookups. There’s also a coin-operated washer and dryer on site. All units are separately metered, keeping the

operating costs low. Units are heated by way of electric baseboard and natural gas furnace; each unit has its own hot water tank. An additional 3 units could be added with the upper 4-bedroom split into 2 units, and 2 more 1 bedrooms could be added to the unfinished lower level, increasing the cashflow on this property. The building currently has one tenant plus the owner occupying space, allowing the new owner to choose their tenants at market rents. Additional space includes a large garage for storage, extra rooms in the lower level for potential rentable storage space or a maintenance person’s work area. The property is surrounded by mature trees, and the asphalt parking lot has plenty of room for parking, along with entrances off two streets. When fully occupied at market rent, this investment offers a cap rate of over 6%. Seller would work with Buyer to fill the units before closing. Don’t miss the chance to own an investor’s Gem in today’s multi residential real estate market. (id:59439)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12496154
  • Price: $1,649,900
  • Bedrooms: 10
  • Bathrooms: 7
  • Square Footage: 5000 - 100000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 274246
Features & Appliances
Features
  • Heating System: Electric, Forced air, Natural gas, Baseboard heaters, Not known
  • Cooling System: Central air conditioning, Window air conditioner
  • Parking: Garage, Attached Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Goderich (Goderich (Town)), N7A2G5
  • Street: Montreal
  • Street Number: 77
  • Street Suffix: Street
  • Longitude: W82° 17' 11.4''
  • Latitude: N43° 44' 27.4''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 126 x 101.7 FT ; irreg
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6588
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Listing updated: 2026-04-23 13:11:30
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Listing Information
  • List Agent Key: 1953707
  • List Office Key: 274246
  • Modification Timestamp: 2026-02-25T01:35:20Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-02-25T01:24:22Z
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Listing updated: 2026-04-23 13:11:31
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