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Home ON Goderich
77 MONTREAL STREET
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77 MONTREAL STREET $1,900,000
6 days ago
$1,900,000
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77 MONTREAL STREET
Goderich (Goderich Town), Ontario N7A2G5

MLS® Number: X11889856
9 + 1
Bedrooms
7
Bathrooms
5000 - 100000
Square Feet

Listing Description

Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked. Contact your agent today for viewing information and investor package to learn more! (39621092)

Location Description

Sharp turn North onto Montreal St. off Elgin Ave or access off Elgin Ave E.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
5000 - 100000 sqft
Community Name
Goderich Town
Land Size
126 x 101.7 FT ; Not rectangular. 2 diff depths.|under 1/2 acre
Annual Property Taxes
$6,588
Parking Type
Attached Garage
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
9
Below Grade
1
Bathrooms
Total
7
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Basement Type
Full (Unfinished)
Building Features
Features
Lighting
Foundation Type
Block, Stone
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Place of Worship, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
11

Measurements

Square Footage
5000 - 100000 sqft

Rooms

MetricImperial
Main level
Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom
Second level
Living room
Kitchen
Bedroom
Bedroom
Bedroom
Bedroom

Land

Lot Features
Frontage
126 ft
Land Depth
101 ft ,8 in
Other Property Information
Zoning Description
C5
Waterfront Features
Surface Water
Lake/Pond
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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CHRIS HOWLETT