For Sale

125 RICHARDSON Street, Rockwood, Ontario N0B2K0

$1,650,000

125 RICHARDSON Street, Rockwood, Ontario N0B2K0 is For Sale and has a listing price of 1,650,000. The property is located in the Guelph-Eramosa neighbourhood. It's been on the website for 63 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 7
    Bedrooms
  • 9
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: 40644840
  • Office Name Keller Williams Home Group Realty
Property Description

Unlock a rare and turn-key investment opportunity, renovated in 2018 in the heart of Rockwood with this fully rented, income-generating property! Boasting exceptional rental potential, this versatile home is ideal for long-term, short-term, or co-living arrangements. This property is currently fully rented with A+ tenants, ensuring a reliable income stream. The current tenants have been carefully selected, offering a solid rental history. Each tenant occupies one of the 276sqft suites, and given the attractive setup, there is a high demand for units like these in the Rockwood area. The tenants enjoy the comforts of home with features such as cozy gas fireplaces, private ensuites, large closets, and access to the shared, chef-inspired kitchen with 2 sinks, 2 dishwashers, large fridge/freezer combo and laundry facilities on the main floor. Main Floor Suites: The 4 large, private suites on the main floor are occupied by long-term and short-term tenants, private ensuite bathrooms, gas fireplaces and large closets. Second Floor Suites: Two spacious suites on the second floor, each with their own 3-piece ensuite, large closets, and gas fireplaces, are rented out to reliable tenants Third Floor Loft is currently being renovated with a 3-piece ensuitefrom a 2pce, is offering the potential to increase rental income even further. Finished Basement: The finished basement features a recreation room with a kitchenette and family area, easily adaptable into a basement apartment for additional rental income. Guaranteed Rental Income: With A+ tenants already in place, this is a low-risk, high-reward investment with immediate cash flow. Prime Location: Situated near the Rockwood Conservation Area, the property attracts tenants who appreciate the quiet, scenic surroundings, yet still want access to outdoor activities and amenities. There is a bus that runs regularly to Guelph New Ash fault driveway with ample parking (Sept 2024) (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 7
  • MLS ID: 40644840
  • Bathrooms: 9
  • Price: $1,650,000
  • Transaction Types: For Sale
  • Ref ID: 27396462
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
09/10/2024 40644840 $1,650,000 For Sale - -
09/10/2024 40644918 $1,650,000 For Sale - -
07/12/2024 40608230 $1,690,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
3pc Bathroom - Second 11'2'' x 7'9''
3pc Bathroom - Second 9'9'' x 6'4''
Bedroom - Second 11'8'' x 14'11''
Bedroom - Second 11'9'' x 20'7''
2pc Bathroom - Third 8'6'' x 5'8''
Bedroom - Third 23'7'' x 19'4''
Family room - Basement 30'0'' x 29'0''
3pc Bathroom - Basement 8'7'' x 8'1''
Kitchen - Lower 10'0'' x 6'0''
Laundry room - Main 6'4'' x 6'1''
3pc Bathroom - Main 8'5'' x 7'11''
3pc Bathroom - Main 8'5'' x 7'11''
3pc Bathroom - Main 8'5'' x 7'11''
3pc Bathroom - Main 8'5'' x 7'11''
Foyer - Main 14'0'' x 9'11''
Bedroom - Main 18'8'' x 13'6''
Bedroom - Main 18'9'' x 13'6''
Bedroom - Main 18'9'' x 13'7''
Bedroom - Main 18'4'' x 13'7''
2pc Bathroom - Main 5'8'' x 5'3''
Sitting room - Main 16'3'' x 16'11''
Kitchen - Main 25'2'' x 16'4''
Neighborhood Stats
Guelph-Eramosa
  • $1,506,941 Average List Price
    based on 1 year
  • 33 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.48 % Up
  • Sold (12mo) 74
  • Rented (12mo) 7

  • 1 Month Change -19.2%
  • 3 Month Change -22.3%
  • 6 Month Change -11.0%
Walkscore
  • 63 Walk Score
    Somewhat Walkable
  • 32 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    84.53%
  • All Houses/Commercial
    0.1%
  • Commercial
    11.43%
  • Condo
    3.65%
  • Land for Sale
    0.3%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Style 3 Level
  • Basement2 Full (partially Finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 10
  • Property Features Sump Pump, In-law Suite
  • Fireplace True
  • Security Smoke Detectors
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/09/2024 00:00:00
  • Zoning Rural
  • Agent Name: Rebecca Puckett
  • Address Subdivision: 43 - Rockwood
  • Last Updated: 22/10/2024 21:18:54
Open House Dates
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