125 Richardson Street,Rockwood, ON N0B 2K0
Rockwood, ON N0B 2K0
Description
*** 6% CAP RATE *** Exceptional investment opportunity in the heart of Rockwood. This fully rented property offers strong income potential, with current rents generating approximately $139,800 annually. Ideal for investors, multi-generational families, co-living arrangements, or those seeking a live-and-earn lifestyle, this versatile property presents a wide range of potential uses, including institutional housing or a rehabilitation facility, subject to all required approvals. Thoughtfully updated while preserving its character and charm, the property features numerous improvements, including a modern air exchanger system and fully spray-foamed insulation for enhanced energy efficiency. The spacious layout includes private suites in the west wing, a second-floor suite, and an expansive lower-level suite, providing flexibility for a variety of living arrangements. At the heart of the home is a generously sized chef’s eat-in kitchen, complete with a large island, two dishwashers, two oversized sinks, abundant cabinetry, main-floor laundry, and a commercial-grade stainless steel refrigerator. Outside, enjoy peaceful garden spaces, ample parking, and a prominent corner-lot location. Meticulously maintained and tastefully finished in neutral décor, this turnkey property offers an attractive blend of historic character and modern convenience. A rare opportunity to generate substantial income while occupying the property yourself. Whether you’re looking to expand your investment portfolio or create a unique living arrangement, Rockwood presents an outstanding opportunity to bring your vision to life.
Details
| MLS # | 40838550 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 93 |
| Listing Provided By | Engel & Volkers Waterloo Region | Dennis Mehravar |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 9 |
| SQ Feet | 3,503 |
| Basement | Y |
| Story(s) | 2 |
| Units | 8 |
| Zoning | A |
| Acreage | 0.20 |
Interior
| Appliances | Water Purifier, Water Softener, Freezer, Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Accessory Apartment, Built-In Appliances, Upgraded Insulation, Other |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | Common Area |
Exterior
| Exterior Features | Landscape Lighting, Lighting, Year Round Living |
|---|---|
| Lot Features | Rectangular, Ample Parking, Hospital, Place of Worship, Quiet Area, Schools |
| Construction Materials | Brick, Other |
| Roof | Asphalt Shing |
| Patio And Porch Features | Porch |
| Security Features | Carbon Monoxide Detector(s) |
Parking
| Garage Spaces | 0 |
|---|---|
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 8856 |
|---|
Area Information
| Province | ON |
|---|---|
| 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: $1,689,000 low | high Med: $1,054,900 sqft: 3,503 low | high Med: 1,743 $ / sqft: $482 low | high Med: $609 On site: 93 low | high Med: 14 | |
Market Activity N0B 2K0
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Learn More About This Property
| Province | ON |
|---|---|
| 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: $1,689,000 low | high Med: $1,054,900 sqft: 3,503 low | high Med: 1,743 $ / sqft: $482 low | high Med: $609 On site: 93 low | high Med: 14 | |
