




7 Beds
4 Baths
C$599,999
47 ELGIN AVENUE W, Goderich ( Goderich ( Town )) Ontario, N7A2E1
Property typeMulti-family
Courtesy of CHAD LAFONTAINE with Coldwell Banker All Points-Festival City Realty
Overview
Active
Listed Jul 14, 2026
Updated 2 days ago
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. (id:41202)
Additional information
- MLS® ID
- X13561448
Interior Features
- Bedrooms
- 7
- Bathrooms
- 4
- Fireplace
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $5,643
- Tax Frequency
- Annually
Courtesy of CHAD LAFONTAINE with Coldwell Banker All Points-Festival City Realty
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