166,168 Courthouse Square, Goderich | Image 1

166,168 Courthouse Square

Goderich

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C4

  • Age: No Data

  • Taxes: 15911

  • MLS®#: X10780387

  • Days on Site: 58 Days

  • Added: Oct 06, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Pebble Creek Real Estate Inc.

Don't miss out on this rare chance to own a premium, fully-rented mixed-use property in the heart of beautiful Goderich! Located at 166 & 168 Courthouse Square and 32A North Street, this exceptional building is your gateway to consistent cash flow and long-term appreciation. Featuring two high-visibility commercial units leased to thriving restaurants, and nine spacious, upscale residential apartments (5 one-bedroom and 4 two-bedroom units), this investment gem offers everything today's savvy investor is looking for. Each residential unit is outfitted with luxurious finishes, including hardwood floors, modern kitchens, fireplaces (11 gas, 1 electric), and in-suite laundry. Plus, tenants enjoy the comfort of central air and access via a lift elevator making this property a standout for renters. Meticulously maintained and upgraded, this building was extensively renovated in the 1990s, with a new fire monitoring system installed in 2019 and a roof upgrade in 2016. The property also includes a private courtyard and dedicated tenant parking. The downtown location ensures a high demand for rentals. With 13 fully occupied units and consistent income, this is a rock-solid investment in an A+ location. Secure your foothold in the booming Goderich market contact your REALTOR today to explore this unique opportunity before it's gone!

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Goderich

  • Availability Date: Flexible

  • Assessment Amount: $620,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 13

  • Air Conditioning: Central Air

  • Washrooms: 13

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: 166,168 Courthouse Square & 32A North St: PT LT 933 PL 457 TOWN

  • Taxes: $15,911

  • Expenses: Est

  • Insurance Fee: 11803

Land

  • Cross Street: Located on the Squar

  • Municipality District: Goderich

  • Parcel Number: 411280086

  • Sewer: Sewers

  • Lot Frontage: 47 Feet

  • Zoning: C4

Commercial Specific

  • Total Area: 13000

  • Total Area Metric: Sq Ft

  • Area Influence: Rec Centre

  • Tangible Property Included: Y

7-8

GDCI - Elementary

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