Rare opportunity in the heart of Goderich - this all-brick 5plex at 77 Montreal St is just steps from the square, ideal for investors or someone looking to live in one unit while renting out the rest. The building offers two 1-bedroom units, two 2-bedroom units, and a spacious 4-bedroom, 2-bathroom unit upstairs, giving you flexibility whether you're building a rental portfolio or house hacking your way into homeownership. Heating is gas forced air and baseboard heating, and select units offer central air for added comfort. Parking is available for every unit, and the prime downtown-adjacent location means strong, consistent tenant demand. This is a chance to own a well-located, versatile multi-unit property in one of Ontario's most sought-after small towns. Location, income and future potential all come together in this existing investment property. Beyond the existing units, this property offers valuable space for further expansion, with the potential to accommodate up to 8 units. An excellent opportunity to increase rental income, maximize the property's potential and build long-term value. (id:13843)
| MLS # | X13656798 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 74 |
| Listing Provided By | RE/MAX Land Exchange Ltd | RENATE SIEBER-SCHLEGEL |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,000 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 3 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Lot Features | In-Law Suite |
|---|---|
| Foundation Details | Stone, Concrete |
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 7 |
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 6738 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Goderich (Goderich (Town)) |
| Postal Code | N7A2G5 |
| Listing VS Median (in N7A2G5) | |
Price: $1,450,000 low | high Med: $1,450,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $290 low | high Med: $290 On site: 74 low | high Med: 74 | |
| Province | ON |
|---|---|
| City | Goderich (Goderich (Town)) |
| Postal Code | N7A2G5 |
| Listing VS Median (in N7A2G5) | |
Price: $1,450,000 low | high Med: $1,450,000 sqft: 5,000 low | high Med: 5,000 $ / sqft: $290 low | high Med: $290 On site: 74 low | high Med: 74 | |