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125 Richardson Street Rockwood, Ontario N0B 2K0

7 Bedroom 9 Bathroom 4924 sqft
3 Level Fireplace Central Air Conditioning Forced Air

$1,650,000

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:51300)

Property Details

MLS® Number 40644840
Property Type Single Family
Neigbourhood Rockcut
AmenitiesNearBy Beach, Park, Place Of Worship, Playground, Public Transit, Schools
CommunicationType High Speed Internet
CommunityFeatures Quiet Area
EquipmentType Water Heater
Features Sump Pump, In-law Suite
ParkingSpaceTotal 10
RentalEquipmentType Water Heater
Structure Porch, Barn

Building

BathroomTotal 9
BedroomsAboveGround 7
BedroomsTotal 7
Appliances Dishwasher, Dryer, Freezer, Refrigerator, Stove, Water Softener, Water Purifier, Washer, Hood Fan, Window Coverings
ArchitecturalStyle 3 Level
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1918
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 6
FoundationType Poured Concrete
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 4924 Sqft
Type House
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Beach, Park, Place Of Worship, Playground, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1

Rooms

LevelTypeDimensions
Second Level 3pc Bathroom 11'2'' x 7'9''
Second Level 3pc Bathroom 9'9'' x 6'4''
Second Level Bedroom 11'8'' x 14'11''
Second Level Bedroom 11'9'' x 20'7''
Third Level 2pc Bathroom 8'6'' x 5'8''
Third Level Bedroom 23'7'' x 19'4''
Basement Family Room 30'0'' x 29'0''
Basement 3pc Bathroom 8'7'' x 8'1''
Lower Level Kitchen 10'0'' x 6'0''
Main Level Laundry Room 6'4'' x 6'1''
Main Level 3pc Bathroom 8'5'' x 7'11''
Main Level 3pc Bathroom 8'5'' x 7'11''
Main Level 3pc Bathroom 8'5'' x 7'11''
Main Level 3pc Bathroom 8'5'' x 7'11''
Main Level Foyer 14'0'' x 9'11''
Main Level Bedroom 18'8'' x 13'6''
Main Level Bedroom 18'9'' x 13'6''
Main Level Bedroom 18'9'' x 13'7''
Main Level Bedroom 18'4'' x 13'7''
Main Level 2pc Bathroom 5'8'' x 5'3''
Main Level Sitting Room 16'3'' x 16'11''
Main Level Kitchen 25'2'' x 16'4''

Utilities

Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27396462/125-richardson-street-rockwood

Rebecca Puckett
Salesperson


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