UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Square Footage 13,000 sqft
Price per Sqft $205
Subdivision Goderich (Town)
MLS Listing ID X10780387
Bedrooms 13
Annual Tax Amount $15,911
Tax Year 2024
Property Sub-Type Investment
Lot Front 47.0
Appx SqFt 5000 +
Property Description
Featuring two high-visibility commercial units leased to thriving restaurants, and nine spacious, upscale residential apartments (5 one-bedroom and 4 two-bedroom units), this investment gem offers everything today's savvy investor is looking for. Each residential unit is outfitted with luxurious finishes, including hardwood floors, modern kitchens, fireplaces (11 gas, 1 electric), and in-suite laundry. Plus, tenants enjoy the comfort of central air and access via a lift elevator—making this property a standout for renters.
Meticulously maintained and upgraded, this building was extensively renovated in the 1990s, with a new fire monitoring system installed in 2019 and a roof upgrade in 2016. The property also includes a private courtyard and dedicated tenant parking. The downtown location ensures a high demand for rentals.
With 13 fully occupied units and consistent income, this is a rock-solid investment in an A+ location. Secure your foothold in the booming Goderich market—contact your REALTOR® today to explore this unique opportunity before it's gone!
Location
Province ON
County Huron
Community Goderich (Town)
Area Huron
Zoning C4
Rooms
Kitchen 0
Interior
Interior Features Separate Heating Controls
Cooling Yes
Inclusions Built-in Microwave, Carbon Monoxide Detector, Microwave, Hot Water Tank Owned
Laundry Ensuite
Exterior
Community Features Recreation/Community Centre
Utilities Available Unknown
Roof Type Membrane
Lot Frontage 47.0
Total Parking Spaces 8
Building
Foundation Stone
New Construction false
Others
Senior Community No
Security Features Yes