125 Richardson Street Active Save Request In-Person Tour Request Virtual Tour
Rockwood,ON N0B 2K0
Key Details
Property Type Single Family Home
Sub Type Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 3,873 sqft
Price per Sqft $426
MLS Listing ID 40710263
Bedrooms 7
Abv Grd Liv Area 3,873
Originating Board Waterloo Region
Annual Tax Amount $8,570
Property Sub-Type Rooming House
Property 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.
Location
Province ON
County Wellington
Area Guelph/Eramosa
Zoning R1
Direction Corner of Richardson St. and Balaclava St.
Rooms
Other Rooms Shed(s),Storage
Basement Partial,Partially Finished
Kitchen 0
Interior
Interior Features Accessory Apartment,Bed & Breakfast
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Laundry Shared
Exterior
Exterior Feature Balcony
Parking Features Asphalt
Fence Fence - Partial
Roof Type Asphalt Shing
Handicap Access Multiple Entrances,Ramps
Porch Deck,Patio,Porch
Lot Frontage 132.0
Lot Depth 66.0
Garage No
Building
Lot Description Rectangular,City Lot,Open Spaces,Park,Place of Worship,Quiet Area,Schools,Shopping Nearby
Faces Corner of Richardson St. and Balaclava St.
Story 3
Foundation Poured Concrete,Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 711810070
Ownership Freehold/None