59 North Street N
Goderich (Goderich, Town), ON N7A 2T5
- 5+2Bedrooms
- 6Bathrooms
- 8Parking
- 3000–3500Sq Ft
- $6,099Tax
- 70×156 ftLot Size
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About 59 North Street N, Goderich, Goderich (Town)
Summarized Description
- Six-unit income property in Goderich.
- Fully renovated with high-demand rental potential.
- Each unit separately metered for utilities.
- Vacant units allow for market rent setting.
- Compliant with current fire code regulations.
- Spacious rear yard and storage shed included.
- Walking distance to downtown and Lake Huron.
- Excellent investment opportunity in desirable location.
Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,099
- Land Transfer Tax Fee
- $21,475
- Basement Type
- Apartment, Separate Entrance, Finished with Walk-Out
Interior Features
- Interior Extras
- In-Law Suite, Separate Hydro Meter, Water Heater, Water Heater Owned
- View
- Downtown
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Year Round Living
- Pool
- None
- Property Features
- Library, Place Of Worship, Rec./Commun.Centre, Level, Hospital, Marina
- Other Structures
- Shed
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 69.63 ft
- Lot Depth
- 156.42 ft
Inclusions
- Inclusions
- all appliances come with the sale as well as the 2 pushmowers in the shed.
Exclusions
- Exclusions
- tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 5 + 2
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 3-piece, Basement
- 3-piece, Main
- 3-piece, Third
- 3-piece, Upper
- Municipality
- Goderich
- Neighbourhood
- Goderich (Town)
- Main cross streets
- Nelson St.
- Zoning
- C5
- Directions
- From Hwy 21, turn WEST onto Nelson St., then turn SOUTH onto North St. Property is on the right.
- MLS® number
- X13532350
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-06
- Listed on
- 2026-07-06
- Days on market
- 92 days
- Possession type
- Immediate
- Co-op commission
- 1.5
- Seller
- Listed by
- Pebble Creek Real Estate Inc.
Home Market Value
Current home valuation for 59 North Street N, Goderich, Goderich (Town), Goderich, ON. Listed for $1,250,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 59 North Street N, Goderich, Goderich (Town)
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $750,000 over $500K
$100,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $46,000 | $34,875 | $29,750 | $0 |
=Total mortgage | $1,196,000 | $1,159,875 | $1,092,250 | $1,000,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,839monthly | $5,663monthly | $5,333monthly | $4,883monthly |
Land Transfer Tax
$21,475
$21,475
Around this home
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