47 Elgin Avenue W, Goderich

Goderich

47 Elgin Avenue W
47 Elgin Avenue W
47 Elgin Avenue W
+35
7
 bed
4
 bath
4
 parking
3000 - 3500
 sqft
Fourplex
$599,999
For Sale
46 days
 on site
$599,999
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Size
-
Lot size
10112 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$171 - $200
Taxes
$5,643.18 (2025)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: Coldwell Banker All Points-Festival City Realty
MLS®#: X13561448
Property details
Parking:
4
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
94 Ft
Lot depth:
107 Ft
Listed on:
Jul 14, 2026
Show all details
Rooms
LevelNameSizeFeatures
Ground
Living Room
14.4 x 12.0 ft
Upper
Living Room
9.4 x 8.2 ft
Upper
Primary Bedroom
14.7 x 10.3 ft
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Instant estimate:
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$835
higher than listed price
i
High
$639,436
Mid
$600,834
Low
$584,490
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About 47 Elgin Avenue W

Located at 47 Elgin Avenue W, this Goderich fourplex is available for sale. 47 Elgin Avenue W has an asking price of $599999, and has been on the market since July 2026. This fourplex has 7 beds, 4 bathrooms and is 3000-3500 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.