$1,650,000
 $8,858 est/mo Sourced by Back At You

125 Richardson Street,Rockwood, ON N0B 2K0

Rockwood, ON N0B 2K0

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Description

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.

Details

MLS#40710263
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Days On Site54
Listing Provided ByRoyal LePage Royal City Realty | Rob Green

Features

Bed(s)7
Bath(s)8
SQ Feet3,873
BasementY
Story(s)3
Units8
ZoningR1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
CountyWellington
CityRockwood
Postal CodeN0B 2K0
AreaGuelph | Eramosa
Subarea43 Rockwood
Community Name43 Rockwood
Listing VS Median (in 43 Rockwood)
Price:
$1,650,000
low | high
Med:
$1,192,450
77.730303030303% of Average
SqFt:
3,873
low | high
Med:
1,957
99.483604441002% of Average
$ / SqFt:
$426
low | high
Med:
$610
6.855542839474% of Average
On site:
54
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: May 15, 2025 at 3:10:44 PM PDT