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Andrew Ahmed

Executive Homes Realty Inc.

andrew@gta.realestate +1(416) 619-5278

$1,250,000

Est. payment - /mo

7 Beds

6 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Goderich (Town)

MLS Listing ID X13532350

Style 3-Storey

Bedrooms 7

Annual Tax Amount $6,099

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities.

Location

Province ON

County Huron

Area Huron

Rooms

Family Room No

Basement Apartment, Separate Entrance, Finished with Walk-Out

Kitchen 6

Separate Den/Office 2

Interior

Interior Features In-Law Suite, Separate Hydro Meter, Water Heater, Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living

Pool None

View Downtown

Roof Type Asphalt Shingle

Topography Flat

Road Frontage Year Round Municipal Road

Lot Frontage 69.63

Lot Depth 156.42

Total Parking Spaces 8

Building

Building Age 100+

Unit Features Library,Place Of Worship,Rec./Commun.Centre,Level,Hospital,Marina

Foundation Stone

Others

ParcelsYN No

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Listed by Pebble Creek Real Estate Inc.

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59 North ST N Goderich, ON N7A 2T5