NewFor Sale

47 Elgin Avenue W
Goderich, Huron, ON, N7A 2E1

Fourplex
TRREB
MLS® Number: X13561448
Estimated Value
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$599,999List Price
7Bedrooms
4Bathrooms
0Garages
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Current valuation for 47 Elgin Avenue W, Goderich, ON N7A 2E1. Listed for $599,999 on 2026-11-02

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Description

Turnkey investment opportunity in the heart of Goderich! This fully rented 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 - $988, Unit 2 - $1300, Unit 3 - $805, and Unit 4 - $1,000, total gross rental income: $4,093.00/month ($49,116.00 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.

Features

Arts CentreHospitalLibraryParkPlace Of WorshipSchool

Amenities

No amenities available

Summary

Tax:$5,643.18 / 2025
Listing #:X13561448
Property Type:Fourplex, 2-Storey
Size:3000-3500 feet²
Land Size:94.1 x 107.47
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Coldwell Banker All Points-Festival City Realty

Rooms

Details

Property

Property Type:Fourplex
Style:2-Storey
Community:Goderich (Town)
Municipality:Huron

Building

Size:3000-3500 feet²
Construction:Aluminum Siding

Inside

Bedrooms:7
Bedrooms Above Grade:7
Bathrooms:4
Kitchens:4
Family Room:Yes
Appliances Included:Separate Heating Controls, Separate Hydro Meter, Water Heater, Water Meter
Basement:Unfinished

Parking

Driveway:Other, Private
Garage Type:None
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:None
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Highlights

Fireplace Type:Natural Gas

Land

Cross Street:Elgin Ave and South St

$599,999

List price

47 Elgin Avenue W, Goderich – 7 bed Fourplex for sale · MLS® # X13561448 | CPRB