Seize a rare investment opportunity with this fully renovated, income-generating property, nestled in the heart of Rockwood. Offering versatile potential for multi-family living or long-term rentals, this property is designed to retain a steady income stream. The interior of the home boasts a unique design with 7 spacious, 1 bedroom suites, each with their own ensuite- 4 wheelchair accessible suites on the main level, 2 suites on the second level, and 1 suite on the third level. All units offer ample closet space and large windows, and share access to a spacious eat-in kitchen with two double sinks, two dishwashers, an industrial sized fridge/freezer combo, and an oven. Additional shared spaces include a convenient laundry room and a cozy den. The finished basement is equally adaptable, featuring a recreation room with a wet bar, a 4 piece bathroom, and an unfinished space that is ideal for additional storage. Situated in a prime location near the Rockwood Conservation Area, enjoy a serene, picturesque setting while being within easy reach of outdoor activities and amenities. Plus, a bus route to Guelph adds to the property’s appeal. 2 driveways offer ample parking, while an accessible ramp to the main level ensures convenience for all tenants. This is a turnkey investment as all suites are currently rented to long-term tenants, providing a profitable rental base.
MLS# | 40710263 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | Resale |
Status | Active |
Days On Site | 54 |
Listing Provided By | Royal LePage Royal City Realty | Rob Green |
Bed(s) | 7 |
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Bath(s) | 8 |
SQ Feet | 3,873 |
Basement | Y |
Story(s) | 3 |
Units | 8 |
Zoning | R1 |
Province | ON |
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County | Wellington |
City | Rockwood |
Postal Code | N0B 2K0 |
Area | Guelph | Eramosa |
Subarea | 43 Rockwood |
Community Name | 43 Rockwood |
Listing VS Median (in 43 Rockwood) | |
Price: $1,650,000 low | high Med: $1,192,450 SqFt: 3,873 low | high Med: 1,957 $ / SqFt: $426 low | high Med: $610 On site: 54 low | high Med: 16.000000 |