1 / 22

Investment signal

$899,700

264 GODERICH STREET N

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kincardine. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Affordable lake front home Amazing waterfront property on the sandy shores of Lake Huron offers a peaceful retreat just steps from the water, with 96 feet of sandy lake frontage. The 3-bedroom, 1-bath home, complete with a bunkie, is nestled on a quiet, one-way street in Kincardine, close to downtown, the harbour, and all amenities. It's perfect as a cottage or year-round home. Breathtaking lake views and world-famous sunsets from your living room and private . The property includes a beach stone fireplace, beachside retaining wall to prevent erosion and space for guests in the private bunkhouse. With potential for rental income, don't miss this rare opportunity to own a slice of lakeside paradise! (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Kincardine
Common interest: Freehold
Lot dimensions: 96 x 61 FT
Bedrooms: 3 above grade
Parking: 2 total
Stories: 1
Fireplace: 1
On market: Apr 16, 2026
Status changed: Apr 16, 2026
Annual tax: $5,405 (2026)
Zoning: R1/EP
Photos: 21
MLS#: X13006146
Area: KINCARDINE

Features and systems

Parking

No Garage

Basement

Crawl space

Appliances

Water meter

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Stone

Foundation

Stone

View

Lake viewDirect Water ViewUnobstructed Water View

Waterfront

Waterfront on lake

Utilities

SewerElectricityCable

Negative cash flow ~$989/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.59%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,541

Financing

Down payment$179,940

Loan amount$719,760

Mortgage$3,647/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412

Insurance$80

Maintenance$750

CapEx reserve$375

Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,647/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.