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Max Ortoli

[email protected] +1(416) 398-1111

$ 1,650,000

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125 Richardson ST Guelph/eramosa, ON N0B 2K0

7 Beds

9 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Rockwood

MLS Listing ID X12045409

Style 3-Storey

Bedrooms 7

Annual Tax Amount $8,570

Tax Year 2024

Property Sub-Type Detached

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

State ON

County Wellington

Community Rockwood

Area Wellington

Zoning R1

Rooms

Family Room No

Basement Partial Basement, Finished

Kitchen 1

Interior

Interior Features Guest Accommodations, In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Wheelchair Access

Cooling Central Air

Fireplaces Type Natural Gas, Living Room

Inclusions Dryer, Range Hood, Refrigerator, Stove, Washer, 2x dishwashers, fridge in basement, 2x furnaces

Exterior

Exterior Feature Porch, Patio, Year Round Living

Parking Features Private Double

Pool None

View Forest

Roof Type Asphalt Shingle

Lot Frontage 132.0

Lot Depth 66.0

Total Parking Spaces 7

Building

Foundation Poured Concrete, Stone

Others

Senior Community No

Listed by Royal LePage Royal City Realty

Max Ortoli

+1(416) 398-1111

Max Ortoli

125 Richardson ST Guelph/eramosa, ON N0B 2K0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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125 Richardson ST