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Investment signal

$519,000

9 RAVINE PARK ROAD N

Save this home

Beds

2

Baths

2 full + 1 half

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Opportunity Awaits! Lakeview Gem at Bluewater Beach, a peaceful year-round lakeside community just minutes south of Goderich. This spectacular LAKEVIEW 4 season cottage offers the perfect retreat or investment opportunity, currently operating as a successful established Airbnb with strong annual income.Featuring 2 bedrooms, 3 pc bath, open concept living space. This vinyl sided cottage with asphalt roof is tastefully decorated. Laminate flooring throughout. White painted kitchen cabinetry with large island and stone counters. Free standing gas fireplace with additional electric baseboard heat. Large windows & patio door provide tons of natural light and panoramic views of Lake Huron. Patio doors lead to a spacious 2 tier deck with gazebo, ideal for relaxing, entertaining, and watching world class sunsets. A quaint and cozy bunkie adds extra accommodations with bunk beds and a 1 pc bath-perfect for guests or added rental potential. Additional updates include a newer holding tank system (2022). Additional storage shed for extra storage space. The property backs onto parkland and green space, and is just a short walk to community beach access. Move in ready and affordably priced, this cottage offers the calm and charm of lakeside living-an ideal summer retreat or cozy winter getaway. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Goderich
Common interest
Freehold
Lot dimensions
48.5 x 100.2 FT
Bedrooms
2 above grade
Parking
4 total
Stories
1
Fireplace
1
On market
Mar 14, 2026
Status changed
Apr 28, 2026
Annual tax
$2,134
Zoning
RC1
Photos
40
MLS#
X12883578
Area
CENTRAL_HURON_(GODERICH)

Features and systems

Parking

No Garage

Basement

Crawl space

Appliances

RefrigeratorStoveHood FanWindow CoveringsWater Heater

Heating

Baseboard heatersNatural gas

Cooling

Window air conditioner

Exterior

Vinyl siding

Flooring

Laminate

Foundation

Block

Lot

Irregular lot size

View

Lake viewView

Security

Smoke Detectors
Negative cash flow ~$600/mo at these assumptions

Cash on cash

-6.94%

Cap rate

3.48%

GRM

16.6

Break-even rent

$3,232

Financing

Down payment$103,800
Loan amount$415,200
Mortgage$2,104/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238
Insurance$80
Maintenance$433
CapEx reserve$216
Vacancy loss$130

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 $2,104/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 28, 2026.

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