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
Level | Type | Length | Width | Dimensions |
---|
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