For sale 50$599,999
47 Elgin Avenue West
Goderich (Town), Goderich (Goderich (Town)), Ontario N7A2E1
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- X13561448
- Added
- Jul 14, 2026 ()
- Updated
- Sep 23, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 2
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Heating
- Forced air, Natural gas, Other
- Cooling
- None
- Fireplace
- Yes
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
Building
- Basement
- Unfinished
- Exterior
- Aluminum siding
- Foundation
- Stone
- Parking
- No Garage · 4 spaces
- Amenities
- Separate Electricity Meters, Separate Heating Controls, Fireplace(s)
Land
- Lot size
- 94.1 x 107.5 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- Elgin Ave and South St
- Directions
- From South St at town centre turn right onto Elgin Ave.
Running costs
- Annual property tax (2025)
- $5,643
Rooms
| Living room | Main level | 6.07 x 4.7 m |
| Foyer | Second level | 2.13 x 4.14 m |
| Living room | Second level | 4.18 x 4.5 m |
| Kitchen | Second level | 3.86 x 3.49 m |
| Primary Bedroom | Second level | 4.53 x 2.8 m |
| Bedroom 2 | Second level | 2.62 x 4.49 m |
| Bathroom | Second level | 1.85 x 2.3 m |
| Living room | Upper Level | 2.88 x 2.51 m |
| Kitchen | Main level | 4.5 x 2.87 m |
| Kitchen | Upper Level | 3.71 x 3.31 m |
| Primary Bedroom | Upper Level | 4.49 x 3.14 m |
| Bedroom 2 | Upper Level | 3.29 x 3.25 m |
| Bathroom | Upper Level | 3.29 x 1.85 m |
| Bedroom 2 | Main level | 4.4 x 2.82 m |
| Laundry room | Main level | 2.79 x 1.34 m |
| Bathroom | Main level | 1.98 x 2.41 m |
| Primary Bedroom | Main level | 3.92 x 3.48 m |
| Living room | Ground level | 4.39 x 3.67 m |
| Kitchen | Ground level | 4.22 x 4.19 m |
| Primary Bedroom | Ground level | 2.96 x 4.19 m |
| Bathroom | Ground level | 3.16 x 1.56 m |
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