47 Elgin Avenue W, Goderich), Ontario N7A 2E1

Listed for:

$599,999

7 beds

4 baths

Listed 35 days ago

Fourplex for rent: 47 Elgin Avenue W, Goderich), Ontario N7A 2E1

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About

Cross Streets: Elgin Ave and South St. ** Directions: From South St at town centre turn right onto Elgin Ave. 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. (id:27476)

Property Highlights

MLS® Number

X13561448

Type

Multi-family

Community Name

Goderich (Town)

Land Size

94.1 x 107.5 FT

Parking Space Total

Building

Building Type

Fourplex

Storeys

2.00

Square Footage

3000 - 3500 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Amenities

Fireplace(s), Separate Heating Controls, Separate Electricity Meters Hospital, Park, Place of Worship, Schools

Exterior Finish

Aluminum siding

Fireplace Present

Yes

Basement Type

N/A (Unfinished)

Basement Features

Building Heating Type

Forced air

Heating Fuel

Natural gas, Other

Building Cooling Type

None

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Room Layout

Foyer

Second level

2.13 m x 4.14 m

Living room

Second level

4.18 m x 4.5 m

Kitchen

Second level

3.86 m x 3.49 m

Primary Bedroom

Second level

4.53 m x 2.8 m

Bedroom 2

Second level

2.62 m x 4.49 m

Bathroom

Second level

1.85 m x 2.3 m

Living room

Main level

6.07 m x 4.7 m

Kitchen

Main level

4.5 m x 2.87 m

Bedroom 2

Main level

4.4 m x 2.82 m

Laundry room

Main level

2.79 m x 1.34 m

Bathroom

Main level

1.98 m x 2.41 m

Primary Bedroom

Main level

3.92 m x 3.48 m

Living room

Upper Level

2.88 m x 2.51 m

Kitchen

Upper Level

3.71 m x 3.31 m

Primary Bedroom

Upper Level

4.49 m x 3.14 m

Bedroom 2

Upper Level

3.29 m x 3.25 m

Bathroom

Upper Level

3.29 m x 1.85 m

Living room

Ground level

4.39 m x 3.67 m

Kitchen

Ground level

4.22 m x 4.19 m

Primary Bedroom

Ground level

2.96 m x 4.19 m

Bathroom

Ground level

3.16 m x 1.56 m

Location

Learn more about this property

Listing provided by:

Coldwell Banker All Points-Festival City Realty

MLS® number:

X13561448

Agent:

Chad Lafontaine

Phone:

(226) 974-6464

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