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125 Richardson Street Rockwood, Ontario N0B 2K0

7 Bedroom 8 Bathroom 3873 sqft
Central Air Conditioning Forced Air

$1,650,000

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. (id:42029)

Property Details

MLS® Number 40710263
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Schools, Shopping
CommunityFeatures Quiet Area
EquipmentType Water Heater
Features Paved Driveway
ParkingSpaceTotal 7
RentalEquipmentType Water Heater
Structure Shed, Porch

Building

BathroomTotal 8
BedroomsTotal 7
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 3873 Sqft
UtilityWater Municipal Water

Land

Acreage No
FenceType Partially Fenced
LandAmenities Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 66 Ft
SizeFrontage 132 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1

https://www.realtor.ca/real-estate/28079478/125-richardson-street-rockwood

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Rob Green
Salesperson


Royal LePage Royal City Realty
30 Edinburgh Rd N
Guelph, Ontario N1H 7J1

Sam Abdallah
Salesperson


Exp Realty, Brokerage
7-871 Victoria St. N., Unit 355a
Kitchener, Ontario N2B 3S4

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