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166,168 COURTHOUSE SQUARE, Goderich (Goderich (Town)), Ontario, N7A 1N1

MLS® # X10780387
Investment For Sale In Goderich (Goderich (Town)), Ontario
$2,674,000
166-168 Courthouse Square - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Outdoor With Facade
166-168 Courthouse Square - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Outdoor With Facade
Commercial space - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Other
Commercial space - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Indoor Photo Showing Other Room
Commercial space - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Indoor Photo Showing Other Room
Commercial space - 166,168 Courthouse Square, Goderich (Goderich (Town)), ON - Indoor Photo Showing Other Room
Home Insurance - TD Insurance
Get a home insurance quote online for this $2,674,000 property in Goderich (Goderich (Town))
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,674,000 property in Goderich (Goderich (Town))

Provided by TD Insurance

166,168 COURTHOUSE SQUARE, Goderich (Goderich (Town)), Ontario, N7A 1N1
$2,674,000

Property Information:

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.\r\n\r\nFeaturing 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.\r\n\r\nMeticulously 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.\r\n\r\nWith 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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 13000 sqft
  • Foundation Type: Stone
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Microwave

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 13
  • Amenities Nearby: Recreation
  • Floor Space (approx): 13000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 47.0 Feet
  • Lot Size: 47 FT
  • Zoning: C4
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: Pebble Creek Real Estate Inc.

REALTOR.ca  

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Market Price Trends

All Properties

3.71%

Price change (1 year)

35.99%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 166,168 COURTHOUSE SQUARE, Goderich (Goderich (Town)), Ontario, N7A 1N1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 166,168 COURTHOUSE SQUARE , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 166,168 COURTHOUSE SQUARE , experiences 12 significant 2-day storms per year, with about 312mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 386.8mm of precipitation per year.

Precipitation Per Storm

Past
312mm
2050
386.8mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 166,168 COURTHOUSE SQUARE, Goderich (Goderich (Town)), Ontario, N7A 1N1

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,025.85

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.15 %

High school certificate or equivalent

34.54 %

Apprenticeship trade certificate/diploma

7.86 %

College/non-university certificate

23.58 %

University certificate (below bachelor)

0.01 %

University Degree

17.87 %

Commuter

Travel To Work

By Car

84.78 %

By Public Transit

0.0 %

By Walking

11.9 %

By Bicycle

1.67 %

By Other Methods

1.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.05 %

Houses

70.95 %

Own Vs. Rent

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