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Property facts

Beds / Baths: 7 bed · 4 bath
Property type: Multi-family
Building: Multi-family
Transaction: For Sale
Lot size: 94.1 x 107.5 FT
Parking: 4

About this property

Turnkey investment opportunity in the heart of Goderich! This 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 - $968, Unit 2 - now vacant, Unit 3 - $790, and Unit 4 - $1,000, total gross rental income (prior to July 31,2026): $3,703/month ($44,436 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:53361)

Features & details

Sewer

Room	Level	Dimensions
Living room	Main level	4.7 x 6.07
Foyer	Second level	4.14 x 2.13
Living room	Second level	4.5 x 4.18
Kitchen	Second level	3.49 x 3.86
Primary Bedroom	Second level	2.8 x 4.53
Bedroom 2	Second level	4.49 x 2.62
Bathroom	Second level	2.3 x 1.85
Living room	Upper Level	2.51 x 2.88
Kitchen	Main level	2.87 x 4.5
Kitchen	Upper Level	3.31 x 3.71
Primary Bedroom	Upper Level	3.14 x 4.49
Bedroom 2	Upper Level	3.25 x 3.29
Bathroom	Upper Level	1.85 x 3.29
Bedroom 2	Main level	2.82 x 4.4
Laundry room	Main level	1.34 x 2.79
Bathroom	Main level	2.41 x 1.98
Primary Bedroom	Main level	3.48 x 3.92
Living room	Ground level	3.67 x 4.39
Kitchen	Ground level	4.19 x 4.22
Primary Bedroom	Ground level	4.19 x 2.96
Bathroom	Ground level	1.56 x 3.16

47 ELGIN AVENUE W

Property facts

About this property

Features & details

Rooms

Location