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.
An incredible investment/commercial opportunity exists on a large parcel of land along highly travelled Highway 21, just north of Goderich! This unique property offers excellent exposure, flexible AG4-6 zoning closest to the highway, and a wide range of potential uses including retail, self-storage, office space, hobby farm, pasture use, and/or residential opportunities such as a four-plex dwelling. Site plans for a self-storage business and rebuild were previously approved (attached), with by-law amendments allowing for both commercial and residential development. Ideally positioned near Lake Huron cottage country, Point Farms Provincial Park, Goderich, Kincardine, and Port Elgin, this location provides strong accessibility and long term opportunity. The property includes existing structures that can be renovated or repurposed, including a 1,000 sq. ft. retail area, a spacious home or office area with a 1,200 sq. ft. basement, a separate 780 sq. ft. apartment, and a detached 840 sq. ft. garage/shop with a metal roof. With an abundance of parking capacity and room for further development, this property offers a strong foundation for a new business, expansion, investment project, or mixed-use concept. Bring your vision to life along the beautiful Lake Huron shoreline, where exposure, flexibility, and future potential come together in one rare offering. NOTE: Property is being sold "as is, where is". Phase 2 Environmental Study is available.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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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$4,124/mo
Mortgage (principal + interest)$3,737
Property taxFrom listing: $4,642/yr$387
Minimum $74,900 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$199,800
Ontario land transfer taxProvincial brackets, no first-time refund$16,455
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$219,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Ashfield-Colborne-Wawanosh 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.
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