Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Goderich (Town). Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This multiplex located at 59 North Street, Goderich is currently for sale and has been available on SousaSells for 54 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 7 beds, 6 bathrooms, and is 3000-3500 square feet. 59 North Street, Goderich is in the Goderich (Town) neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Goderich (Town), Goderich.
Growing families needing multi-bedroom flexibility and space in Goderich (Town), Goderich.
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The current listing price for 59 North Street, Goderich, ON in Goderich (Town), Goderich is $1,250,000.
This property features 7 bedrooms and 6 bathrooms across approximately 3000-3500 sqft.
59 North Street, Goderich, ON is a Multiplex (3-Storey) featuring a Apartment, Separate Entrance, Finished with Walk-Out basement.
Key property features include: Library, Place Of Worship, Rec./Commun.Centre, Level, Hospital, Marina.
Interior highlights include: In-Law Suite, Separate Hydro Meter, Water Heater, Water Heater Owned.
Yes, this property offers parking space for 8.0 vehicles (None).
Heating is provided via Gas and cooling via None.
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Goderich (Town), Goderich
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 59 North Street N, Goderich, ON N7A 2T5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Goderich.
About Purchasing a Home in Goderich, ON
For a property listed at $1,250,000 in Goderich, the legal minimum down payment is $250,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,475 for this transaction. As this listing is in Goderich (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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