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Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked.
5 refrigerators, 5 stoves, 1 coin operated washer, 1 coin operated dryer, 5 HWT
City: Goderich
Neighborhood: Goderich (Town)
Purchase Price | $1900000 |
Down Payment | $380000 |
Mortgage Insurance | $0 |
Total Mortgage | $1520000 |
Mortgage Payment | $9367 |
Property Taxes | $549 |
Maintenance Fees | $0 |
Monthly Payment | $9916 |
Located at 77 Montreal St , this Goderich house is available for sale. This property was listed for $1,900,000 on Wed Apr 09 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 7 bathrooms. The property includes the following rooms: Br, 2nd Br, 3rd Br, 4th Br, 5th Br, Br, Br, Br, Br, Br, Living, Kitchen. This property comes with 11 parking spots. 77 Montreal St, Goderich is situated in the Goderich (Town) neighbourhood.
MLS#: X11889856 · $1,900,000 · 9 bedroom house in Goderich (Town), Goderich