125 Richardson Street, Guelph/eramosa (rockwood), Ontario
Open House: May 15 @ 10:00 AM

$1,650,000

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7

Beds

9

Baths

About 125 Richardson Street

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:36535)

Open House

Thu, May 15 10:00 AM - 12:00 PM

Features of 125 Richardson Street

Listing # X12045409
Price $1,650,000
Bedrooms 7
Bathrooms 9.00
Half Baths 1
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 125 Richardson Street
Subdivision Rockwood
City Guelph/eramosa (rockwood)
Province Ontario
Postal Code N0B2K0

Amenities

Amenities Park, Place of Worship, Schools, Fireplace(s)
Utilities Cable, Sewer
Features Conservation/green belt, Wheelchair access, Level, Guest Suite, In-Law Suite
Parking Spaces 7
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace Yes
# of Stories 3
Has Basement Yes
Basement Type Partial (Finished)
Basement Development Finished

Exterior

Exterior Brick, Vinyl siding
Lot Description 132 x 66 FT
Foundation Poured Concrete, Stone

Listing Details

OfficeCourtesy Of ROB GREEN Of Royal LePage Royal City Realty

Listing Map