72 Colborne Street, Goderich, ON

$1,149,900
MLS#:X13480164
0 beds
7 baths
Commercial
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Description

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 $1,149,900 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 7 Bathrooms
  • Premium 104 x 60 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas hot water heating

An exceptional opportunity to acquire one of Goderich's most recognized and highly rated hospitality businesses. Operating as a successful 5-star Bed & Breakfast, this landmark property combines historic character, proven income potential, and an enviable lifestyle in one of Ontario's most beloved lakeside communities. Set within a beautifully maintained red brick century home, the business features five guest suites, each thoughtfully designed to provide comfort, privacy, and an outstanding guest experience. Approximately 3,400 square feet spread across three levels offers ample space for both guests and owners while allowing for efficient day-to-day operations. The property has been carefully configured for hospitality use, with a spacious guest dining room that accommodates breakfast service and offers potential for workshops, retreats, meetings, and special events. The service area is exceptionally equipped with two refrigerators, two ovens, double laundry facilities, a second sink, generous prep space, and a large island designed to support high-volume guest service.Original architectural details including oak flooring, stained glass windows, soaring ceilings, elegant millwork, and a grand staircase create an atmosphere guests remember and return for. Outdoor amenities include a welcoming front porch, rear deck, pergola, landscaped grounds, and secure storage for bicycles and recreational equipment. Located just steps from Goderich's vibrant downtown square, guests enjoy walkable access to restaurants, boutique shopping, festivals, the farmers' market, and community events. The shores of Lake Huron and its world-famous sunsets are only a short stroll away.Ideal for hospitality professionals, entrepreneurs, or lifestyle buyers seeking a turnkey business, this offering represents more than a real estate purchase-it is an opportunity to own a thriving business, continue a respected legacy, and become part of one of Ontario's premier tourism destinations.

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Key Features

Bathrooms
7
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size104 × 60 Feet
CountyHuron
Annual Tax$6,702.73
Legal DescriptionPT LT 846 PL 457 TOWN OF GODERICH; PT LT 847 PL 457 TOWN OF GODERICH; PT LT 871 PL 457 TOWN OF GODERICH AS IN R287545 EXCEPT PT 1, 22R5820

Parking & Garage

Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat TypeGas Hot Water
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Major Highway, Recreation/Community Centre

Location

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72 Colborne 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 72 Colborne Street, Goderich, ON N7A 2V9

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$919,920
Monthly Mortgage$5,345
Property Tax (Est.)$559
Utilities & Maint.$350
Total Monthly Cost$6,254

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.