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$599,999

47 ELGIN AVENUE W — Goderich (Goderich (Town)), Ontario

N7A2E1

Coldwell Banker All Points-Festival City Realty

7Beds

4Baths

4Parking

About This Property

Turnkey investment opportunity in the heart of Goderich! This fully tenanted 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 - $945, Unit 3 - $790, and Unit 4 - $1,000, for a total gross rental income of $3,703 per 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:63357)

Coldwell Banker All Points-Festival City Realty

Property Location

Map

Property Details

Property Type: Multi-Unit
Bedrooms: 7
Bathrooms: 4
Stories: 2.0
Status: Active

Location & Neighborhood

What's nearby 47 ELGIN AVENUE W

Nearby Schools

Goderich District Collegiate Institute
secondary
0.7 km
Goderich Public School
elementary
0.7 km

Parks & Recreation

Courthouse Park
park
0.4 km
Lions Harbour Park
park
0.7 km

Local Amenities

Library

Huron County Library - Goderich Branch0.2 km

Dining

Pat & Kevin's0.3 km
V's Sandwiches0.3 km

Coffee & Cafes

Coffee Culture0.3 km

Banking

Scotiabank0.3 km
CIBC0.4 km

Pharmacy

I.D.A.0.4 km

POI data updated 7/14/2026

Last updated: Jul 14, 2026

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$599,999