Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A, N/A, N/A
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances: All

Property Features:

Property Type: Multi-family
Bedrooms: 5+2
Bathrooms: 6
Access Type: Year-round access
Amenities Nearby: Hospital, Marina
Community Features: Community Centre
Features: Level lot, Flat site
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 156.3 Feet
Lot Frontage: 69.6 Feet
Lot Size: 69.6 x 156.4 FT
Structure Type: Shed
Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
Zoning: C5
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Courtesy of: Pebble Creek Real Estate Inc.

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Demographic Information of 59 NORTH STREET N, Goderich (Goderich (Town)), Ontario, N7A 2T5

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,025.85

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.15 %

High school certificate or equivalent

34.54 %

Apprenticeship trade certificate/diploma

7.86 %

College/non-university certificate

23.58 %

University certificate (below bachelor)

0.01 %

University Degree

17.87 %

Commuter

Travel To Work

By Car

84.78 %

By Public Transit

0.0 %

By Walking

11.9 %

By Bicycle

1.67 %

By Other Methods

1.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.05 %

Houses

70.95 %

59 NORTH STREET N, Goderich (Goderich (Town)), Ontario, N7A 2T5