Scout N Secure

$599,999

Map

47 Elgin Avenue West

Goderich (Town), Goderich (Goderich (Town)), Ontario N7A2E1

For sale· Added

7 bed4 bath3,000–3,500 sqft

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 roomMain level6.07 x 4.7 m
FoyerSecond level2.13 x 4.14 m
Living roomSecond level4.18 x 4.5 m
KitchenSecond level3.86 x 3.49 m
Primary BedroomSecond level4.53 x 2.8 m
Bedroom 2Second level2.62 x 4.49 m
BathroomSecond level1.85 x 2.3 m
Living roomUpper Level2.88 x 2.51 m
KitchenMain level4.5 x 2.87 m
KitchenUpper Level3.71 x 3.31 m
Primary BedroomUpper Level4.49 x 3.14 m
Bedroom 2Upper Level3.29 x 3.25 m
BathroomUpper Level3.29 x 1.85 m
Bedroom 2Main level4.4 x 2.82 m
Laundry roomMain level2.79 x 1.34 m
BathroomMain level1.98 x 2.41 m
Primary BedroomMain level3.92 x 3.48 m
Living roomGround level4.39 x 3.67 m
KitchenGround level4.22 x 4.19 m
Primary BedroomGround level2.96 x 4.19 m
BathroomGround level3.16 x 1.56 m

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$599,999
47 Elgin Avenue West
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