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Investment signal

$760,000

97 ST PATRICK STREET W

Save this home

Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Welcome to easy living in this bright, open-concept bungalow built in 2012. Offering just over 1,500 sq ft on the main floor, this versatile layout features 2-3 bedrooms up, plus 2 additional bedrooms downstairs-perfect for growing families, guests, or flexible living space. With two full bathrooms and an attached garage with direct access to the basement, the setup is ideal for a potential in-law suite or rental income opportunity. The main floor office also allows for a home based business with privacy from main area of home. Located in a prime Goderich neighbourhood, you're just a few blocks from the vibrant downtown square-home to popular summer markets, shops, and dining-and within comfortable walking distance to the beautiful beach. Whether you're looking for a spacious family home or low-maintenance living for retirement, this property offers the perfect balance of comfort, convenience, and lifestyle. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Goderich (Town)
Common interest
Freehold
Lot dimensions
52 x 104 FT
Bedrooms
3 above grade, 2 below grade
Parking
3 total
Stories
1
Fireplace
1
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$5,562 (2025)
Zoning
R2
Photos
31
MLS#
X13039270
Area
GODERICH_(GODERICH_(TOWN))

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullSeparate entranceWalk-upN/AN/AN/A

Appliances

Water meterWater TreatmentGarage door opener remote(s)Water Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Poured Concrete

Lot

Flat siteCarpet FreeGuest SuiteSump Pump
Negative cash flow ~$849/mo at these assumptions

Cash on cash

-6.70%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,694

Financing

Down payment$152,000
Loan amount$608,000
Mortgage$3,081/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$348
Insurance$80
Maintenance$633
CapEx reserve$317
Vacancy loss$190

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 $3,081/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 24, 2026.

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