Goderich (Goderich (Town)), ON
47 ELGIN AVENUE W
$599,999
Listed by
Coldwell Banker All Points-Festival City Realty
CHAD LAFONTAINE, Salesperson
Data last updated Oct 21, 2026, 10:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $599,999
- Type
- Detached
- Bedrooms
- 7
- Bathrooms
- 4
- MLS®
- X13561448
- Status
- active
- Brokerage
- Coldwell Banker All Points-Festival City Realty
About this home
Description provided by the listing brokerage
Turnkey investment opportunity in the heart of Goderich! This fully rented fourplex offers immediate cash flow with all tenants paying their own utilities. The building features two 2-bedroom units and two 1-bedroom units with the following monthly rents: Unit 1 - $988, Unit 2 - $1300, Unit 3 - $805, and Unit 4 - $1,000, total gross rental income: $4,093.00/month ($49,116.00 annually). Landlord expenses are limited to snow removal and lawn maintenance, helping maximize your return. Ideally situated within walking distance of the historic Goderich Square, shopping, restaurants, parks, and everyday amenities. Whether you're expanding your investment portfolio or purchasing your first income property, this well-located fourplex offers strong cash flow and excellent long-term investment potential.