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Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Rob Green • Royal LePage Royal City Realty

$ 1,650,000

Est. payment -/mo

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125 Richardson Street Rockwood, ON N0B 2K0

7 Beds

8 Baths

3,873 SqFt

UPDATED:

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

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

125 Richardson Street Rockwood, ON N0B 2K0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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125 Richardson Street