146 days on Market

77 Montreal St, Goderich, Ontario N7A 2G5

Townhouse
9 + 1
7
~5000 + sqft
$1,900,000
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Townhouse
9 + 1
7
~5000 + sqft

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Highlights

Estimated ValueNot available

Price/Sqft$190/sqft

Est. Mortgage$8,160/mo

Tax Amount (2024)$6,588/yr

Days On Market146 days


Description

Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~5000 + SqFt
Lot Size12,822 SqFt(101.73 x 126.04)
Parking Spaces11
MLS ®NumberX11889856
Community NameGoderich
Data SourceTRREB
Listing byPC275 REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Unfinished

Main Floor

Br

4.88 x 5.13

2nd Br

3.86 x 4.11

3rd Br

6.4 x 2.54

4th Br

3.73 x 4.32


Features

Lot size: 12,822 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 10

Total parking spaces 11


Property listed by PC275 REALTY INC., Brokerage
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Market Data - Goderich

Geo Zone Map ThumbnailGoderich

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

85 days

Compared to

2024

0 day

2023

0 day

2022

9 days

New Listings

Past 30 days

3 listings

Compared to

2024

0 listing

2023

0 listing

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$649,000

Compared to

2022

$515,500


Population and Demographics

Overview

Total population 7583
Average household income $108,308

Age (%)

65 and plus
32%
50 to 64
21%
0 to 19
18%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
60%
Single person
37%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
65%
Renters
35%

Schools and amenities

Estimated Budget