Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
3000-3500
Lot Depth:
156'5"47.7 m
Lot Frontage:
69'7½"21.2 m
Topography:
Flat
Direction Faces:
North
Bedrooms:
5+2
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
6
Rooms Above Grade:
11
Rooms Below Grade:
7
Zoning:
C5
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance, Finished with Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Possession Details:
immediate
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Taxes:
$6,099.38 /
2025
Assessment:
$- /
2025
Huron
Goderich
Goderich (Town)
Library, Place Of Worship, Rec./Commun.Centre, Level, Hospital, Marina
In-Law Suite, Separate Hydro Meter, Water Heater, Water Heater Owned
Year Round Living
all appliances come with the sale as well as the 2 pushmowers in the shed.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.