Homula Realty Brokerage
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140 HUCKINS Road, Goderich, ON N7A 3X8

Sale Of Business
$2,996,900

Exceptional Self-Storage Investment Opportunity - Goderich, Ontario. An outstanding opportunity to acquire a professionally constructed, purpose-built self-storage facility strategically located within Goderich's expanding commercial corridor. Situated on approximately 1.73 acres with approximately 22,600 sq. ft. of rentable building area across three buildings, this turnkey investment combines quality construction, modern technology, and outstanding long-term growth potential.Designed for efficient operation and low-maintenance ownership, the facility features modern security systems, automated gate access, professional management software, LED site lighting, dedicated RV and boat parking, wide drive aisles, and excellent Highway 21 exposure. Purpose-built construction and quality infrastructure make this a highly attractive long-term commercial investment.Strategically positioned directly across from the approved Coast master-planned community, planned for approximately 2,006 residential units, the property is exceptionally well positioned to benefit from significant future residential growth and increasing demand for self-storage services. Huron County's long-term planning also forecasts continued population growth through 2051, supporting the area's expanding residential and commercial base. Excellent accessibility, strong visibility, and modern infrastructure make this an ideal long-term commercial investment. For additional property details, construction specifications, and features, please refer to the comprehensive feature sheet available through the listing. Confidential financial statements, rent roll, occupancy reports, operating information, and additional due diligence materials are available to qualified purchasers upon execution of a Confidentiality Agreement (NDA).

MLS number
X13586496
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
N7A 3X8
Photos
10
Property tax
$15,864 / year
54days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 525 people.

$77,500Median household income
97.8%Own their home
83%Detached houses
58.4Median age
5.7%Born outside Canada
13%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35400177 — the few blocks around this address, home to 525 people. It describes the area, not this property.

525Population
51.7Average age
2.2Household size
$105,000Average household income
$77,500Median household income
98%Own their home
2%Rent
0%Condominiums
6%Born outside Canada
13%University degree
$492,000Average home value
7%Low income
69%Not in the labour force
17%Never married
$10,000 to $14,9992%
$20,000 to $24,9992%
$30,000 to $34,9992%
$35,000 to $39,9995%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9997%
$70,000 to $79,99910%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over25%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$599,380 · minimum here is $599,380
$13,269.62per month
Borrowed before insurance$2,397,520
Total borrowed$2,397,520
Interest over 25 years at 4.5%$1,583,367

If you rented it out

-$14,591.62per month out of pocket
Rent$0.00
Everything it costs to hold$14,591.62
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CENTURY 21 FIRST CANADIAN CORP. Listing data provided by the Toronto Regional Real Estate Board.