$599,999
47 Elgin Avenue W, Goderich, ON N7A 2E1
7 beds4 baths4 parking 3000-3500 ft²
Key facts
- MLS®
- X13561448
- Status
- New
- Type
- Fourplex
- Taxes
- $5,643
- Size
- 3000-3500 ft²
- Parking
- 4 total
- Listed
- 2026-07-14
- Brokerage
- Coldwell Banker All Points-Festival City Realty
- Cross street
- Elgin Ave and South St
Description
Turnkey investment opportunity in the heart of Goderich! This 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 - now vacant, Unit 3 - $790, and Unit 4 - $1,000, total gross rental income (prior to July 31,2026): $3,703/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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.