The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This stylish 6-bedroom, 7-bathroom bed and breakfast in the heart of Goderich offers an exceptional hospitality opportunity. Guests can unwind in any of the five beautifully appointed suites, while you enjoy your own comfortable, private living space. With 3,400 square feet across three levels, there is ample room for both business and pleasure.A large communal dining room seats 10 for breakfast and could also host meetings, paint nights or workshops during the off-season. In the owners' wing, a private dining room opens to the back deck, while a charming living room provides space to relax or entertain. A wireless doorbell system with three separate bells helps you respond quickly to guests.The kitchen is equipped to prepare breakfast for a full house, with two washers, two dryers, two refrigerators, two ovens, a second sink and a large island. A back staircase leads to an organized housekeeping area and provides easy access to the second floor.Immaculately maintained, this century home showcases stained glass, oak floors, tall ceilings, a grand centre staircase and a lovely front porch. Guests can gather on the porch, back deck, beneath the pergola or in the backyard. A shed provides secure storage for recreational equipment.Just steps from downtown, the property is close to the farmers' market, outdoor concerts, shops, library and restaurants. A 15-minute walk takes you to Lake Huron for a swim, ice cream or a sunset stroll along the boardwalk. Thoughtfully arranged for the comfort of both owners and guests, this is a welcoming place to live and a practical space to run a B&B.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$60,158/mo
Mortgage (principal + interest)$4,302
Property taxFrom listing: $670,273/yr$55,856
Minimum $89,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$229,980
Ontario land transfer taxProvincial brackets, no first-time refund$19,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$252,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Goderich has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
