54 Trafalgar Street, Goderich

$579,900
54 Trafalgar Street

$579,900

New
18d
Detached2-Storey

54 Trafalgar Street, Goderich

Total Monthly Obligation $3,065

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
18d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13866690
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-52 × 104 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,211 (2025)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Heartland Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Goderich (Town)
Title-Residential Freehold

No agent assigned

Nestled in a quiet, desirable neighbourhood just a short stroll from historic downtown Goderich, this impeccably maintained 1-3/4 storey residence offers true turn-key living where all you need to do is move right in. A charming covered front porch greets you upon arrival, providing the perfect cozy retreat for your morning coffee or evening chats with neighbours. Step inside to find a light-filled dining room that connects seamlessly to the main living spaces. The inviting living room features a stylish tray ceiling with a built-in media alcove, while an adjacent den offers fantastic versatility as a secondary TV room, dedicated home office, or functional mudroom with direct access to the attached single-car garage. The heart of the home is the expansive kitchen, complete with updated appliances, extensive counter space, plenty of cabinetry, and a sit-up peninsula ideal for quick meals and casual entertaining. Direct access to the rear deck makes outdoor grilling effortless, while a full bathroom and a conveniently located main-floor laundry area round out this level. Upstairs, the home continues to impress with three generously proportioned bedrooms, including a primary suite complete with a walk-in closet and a private three-piece ensuite. The real highlight is the outdoor sanctuary in the backyard, fully fenced and beautifully landscaped to create a haven for both children and pets. Here, you can relax or host guests on the durable composite deck, gather around the built-in fire pit, or take in the tranquility of the custom water feature. A double-wide concrete driveway and a handy garden storage shed easily satisfy all your parking and practical storage needs. Located within easy walking distance of local parks, splash pads, boutique shopping, dining, markets, and annual community festivals, this exceptional property delivers the complete Goderich lifestyle.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,065/mo
Mortgage $2,339
Monthly Loss $2,450
Principal$616
Interest$1,724
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
20.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,500/yr
NOI
$19,639/yr
Net Cash Flow
-$703/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 54 Trafalgar Street

Time

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