166 COURTHOUSE

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Description

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:39198)

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Additional media

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Property taxes

$15,911.00 per year / $1,325.92 per month

Basement

Unfinished, Full

Year build

-

Type

Multi-family

Bedrooms

13

Bathrooms

13

Parking spots

8 Total

Floor

-

Balcony

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Pool

-

External material

Vinyl siding | Brick Veneer

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Natural gas

Fire place(s)

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