77 Montreal Street Image 1

$1,900,000

Dec 11, 2024Multiplex For Sale
bedrooms10bed
washrooms7bath
MLS - #X11889856

77 Montreal Street, Goderich, ON N7A 2G5

Virtual Tours

0
Similar Homes Found
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Average Price
190000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Multiplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom4.88 x 5.13 mN/AMain
Bedroom 23.86 x 4.11 mN/AMain
Bedroom 36.4 x 2.54 mN/AMain
Bedroom 43.73 x 4.32 mN/AMain

About 77 Montreal Street

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.

Home Overview

Last updated

Mar 6

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by PC275 REALTY INC.

Additional Details

Basement:Full, Unfinished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$7256.71/ month
$1,520,000 Principal and Interest
$1,824,000 Property Taxes

Location

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Walk Score for 77 Montreal Street

Some information about this property - Montreal Street

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