184 East Street, Goderich, ON

$3,249,000
MLS#:X12325012
0 beds
0 baths
Commercial
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This listing is no longer active (Sold Conditional)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Goderich (Town). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,249,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 208.2 x 135.67 ft lot size
  • equipped with no central cooling and highly efficient baseboard heating

Description

Fantastic Multi-Residential Investment Opportunity in Goderich! This well-maintained 17-unit apartment complex sits on a generous 0.63-acre lot in the quiet east end of town just a short walk to Shoppers Square, the farmers market, local shops, and other amenities. The property features a great mix of 12 two-bedroom and 5 one-bedroom units, all equipped with their own fridge, stove, and electrical panels. Tenants pay their own electric baseboard heating, making utilities simple for landlords. The portion of the complex is 1920s two-story with 6 units and a solid 2.5-story building constructed in 1997 housing 11 additional units. The building is in good condition with a combination of asphalt shingle and metal roofing. Additional features include 3 coin-operated washers and dryers, 26 paved surface parking spaces, and a low-maintenance exterior. A rare opportunity to own a turn-key, income-generating property in one of Ontario's most picturesque towns! Seller willing to entertain VTB. Clean Phase 1&2 environmental completed 2026.

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Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date8/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size208.2 × 135.67 Feet
CountyHuron
Annual Tax$19,894.84

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeBaseboard
CoolingNo

Features

Property Features

Interior Features

Security Features

Community Features

Major Highway, Recreation/Community Centre

Location

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184 East Street, Goderich, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 184 East Street E, Goderich, ON N7A 1N7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$2,599,200
Monthly Mortgage$15,102
Property Tax (Est.)$1,658
Utilities & Maint.$350
Total Monthly Cost$17,110

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Goderich.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Goderich Town, Goderich.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$489,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Goderich
Public260 South Street, Goderich, Ontario, N7A 3M5
6.0
St Mary's
PublicMary Street, Goderich, Ontario, N7A 3A3
6.4

Secondary Schools

Goderich
Public260 South Street, Goderich, Ontario, N7A 3M5
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.