92 COURTHOUSE SQUARE, Goderich (Goderich (Town))

$5,450,000

For sale: Other

Other at 92 COURTHOUSE SQUARE, Goderich (Goderich (Town))
Property type
Sale Of Business
MLS®
MLS® X13153178
Neighbourhood
Goderich (Town)

Landmark boutique hotel on Goderich's historic Courthouse Square, inthe Lake Huron town Queen Elizabeth II called "the prettiest town inCanada." Built in 1893 as a three-storey Victorian property, HotelBedford offers 35 guest rooms across the second and third floors, with a total sleeping capacity of 97. A true turnkey hospitality asset with three complementary revenue streams under one roof: Paddy O'Neil'sRestaurant Pub (a fusion dining room and pub with 100+ menu items),Joe Friday's Sports Bar (live music Fridays, juke-box partiesSaturdays), and the Duchess Room, a private dining and events space seating up to 60 guests (also used for daily continental breakfast service). LLBO in place. Individually furnished air-conditioned guest rooms with private washrooms. Approximately 222 km / 2 hours 45minutes west of downtown Toronto via Hwys 401 and 8; approximately 110km (around 70 minutes) from London International Airport. Steps from three Lake Huron beaches famous for their sunsets, the Huron CountyMuseum, Huron Historic Gaol, Livery Theatre, and the shops and restaurants of the historic Square. Strong tourism market. .Full financials, seller adjustments, FF&E schedule and operating detail will be available on execution of a Confidentiality Agreement. A rare opportunity to acquire a century-old, income-producing heritage hotelin one of Ontario's most celebrated tourist towns.

Sold data

Homes in Goderich (Goderich (Town)) — recent sold market

Homes in Goderich (Goderich (Town)) took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 79, across 41 recorded sales.

The median sale price was $595,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$595,000
Sale-to-list ratio
96.8%
Sold above asking
17%

Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Goderich (Goderich (Town))

Goderich (Goderich (Town)) has 2 Fraser Institute–rated schools (2 elementary).

Rated schools
2
Elementary
2

Top-rated schools in Goderich (Goderich (Town))

  • St Mary'selementary, GoderichFraser rating 6.4/10
  • Goderichelementary, GoderichFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 92 COURTHOUSE SQUARE