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59 North Street

59 North Street

Goderich, ON

  • 7 bed
  • 6 bath
  • approx. 3000-3500 sqft
  • Multiplex
  • 61 days on market
$1,250,000

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.

Listing Details

Taxes (2025)
$6,099
Listed
July 6, 2026

Price History

Listing history

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Property

Style
3-Storey
Age
100+
Construction
Brick
Roof
Asphalt Shingle
Foundation
Stone
Interior
In-Law Suite, Separate Hydro Meter, Water Heater, Water Heater Owned
Lot Size
69.63 x 156.42 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Nelson St.
Zoning
C5
Parcel Number
411260067
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
all appliances come with the sale as well as the 2 pushmowers in the shed.
Exclusions
tenant belongings

Schools

Secondary

  • Goderich District Collegiate Institute1.2 km

    Public · Avon Maitland DSB · 395 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • GDCI - Elementary1.2 km

    Public · Avon Maitland DSB · 130 students

  • Goderich Public School1.2 km

    Public · Avon Maitland DSB · 505 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • St Marys Separate School1.4 km

    Catholic · Huron Perth CDSB · 325 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 48% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N7A

Population
12,495
Private dwellings
6,687
Median age
55.2
Average household size
2.2
Median household income
$74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Goderich · last 12 months

Median sold price
$562,986
Homes sold
130
Median days on market
38
Sale-to-list price
96.6%

Based on 130 recorded sales of residential freehold properties in Goderich over the last 12 months.

Listed by

Pebble Creek Real Estate Inc.

Walk Score

87

Walk

82

Bike

Scores by Walk Score®

Mortgage Calculator

$250,000

Estimated Monthly Payment

$6,141

Land transfer tax

Estimated land transfer tax$21,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,141/mo (20% down, 5.5%)

Taxes: $508/mo · Insurance: $313/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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