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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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