Don’t miss out on this rare chance to own a premium, fully-rented mixed-use property in the heart of beautiful Goderich! Located at 166 & 168 Courthouse Square and 32A North Street, this exceptional building is your gateway to consistent cash flow and long-term appreciation. Featuring two high-visibility commercial units leased to thriving restaurants, and nine spacious, upscale residential apartments (5 one-bedroom and 4 two-bedroom units), this investment gem offers everything today’s savvy investor is looking for. Each residential unit is outfitted with luxurious finishes, including hardwood floors, modern kitchens, fireplaces (11 gas, 1 electric), and in-suite laundry. Plus, tenants enjoy the comfort of central air and access via a lift elevator—making this property a standout for renters. Meticulously maintained and upgraded, this building was extensively renovated in the 1990s, with a new fire monitoring system installed in 2019 and a roof upgrade in 2016. The property also includes a private courtyard and dedicated tenant parking. The downtown location ensures a high demand for rentals. With 13 fully occupied units and consistent income, this is a rock-solid investment in an A+ location. Secure your foothold in the booming Goderich market—contact your REALTOR® today to explore this unique opportunity before it's gone! (id:47423)
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Detailed Information
Bedrooms
13
Bathrooms
13
Lot
47 x 0 ft
Amenities Nearby
Airport, Marina, Shopping
Community Features
Community Centre
Features
Paved driveway
Listing Contract Date
2024-10-06
Location Description
Located on the Square, in beautiful Goderich
Ownership Type
Freehold
# of Parking Spaces
8
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
C4
Building
Appliances
Microwave, Microwave Built-in
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Cooling Type
Central air conditioning
Exterior Finish
Brick Veneer, Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Airport, Marina, Shopping
Sewer
Municipal sewage system
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