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125 Richardson Street Guelph/eramosa, Ontario N0B 2K0

7 Bedroom 9 Bathroom
Fireplace Central Air Conditioning, Air Exchanger 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.\r\nThe 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. \r\nMain 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\r\nThird 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.\r\nPrime 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 \r\nNew Ash fault driveway with ample parking (Sept 2024) (id:51300)

Property Details

MLS® Number X10876010
Property Type Single Family
Neigbourhood Rockcut
Community Name Rockwood
EquipmentType Water Heater
Features Flat Site, Wheelchair Access, Sump Pump
ParkingSpaceTotal 10
RentalEquipmentType Water Heater
Structure Deck, Porch, Barn

Building

BathroomTotal 9
BedroomsAboveGround 7
BedroomsTotal 7
Appliances Water Purifier, Water Heater, Water Softener, Dishwasher, Dryer, Freezer, Range, Refrigerator, Stove, Washer, Window Coverings
BasementDevelopment Partially Finished
BasementFeatures Walk-up
BasementType N/a (partially Finished)
ConstructionStatus Insulation Upgraded
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning, Air Exchanger
ExteriorFinish Vinyl Siding, Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 6
FoundationType Stone, Poured Concrete
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 132 Ft
SizeTotalText 66 X 132 Ft|under 1/2 Acre
ZoningDescription R1

Rooms

LevelTypeDimensions
Second Level Bathroom 2.97 m x 1.93 m
Second Level Bathroom 3.4 m x 2.36 m
Second Level Bedroom 3.58 m x 6.27 m
Second Level Bedroom 3.56 m x 4.55 m
Third Level Bedroom 7.19 m x 5.89 m
Third Level Bathroom 2.59 m x 1.73 m
Basement Bathroom 2.62 m x 2.46 m
Basement Family Room 9.14 m x 8.84 m
Lower Level Kitchen 3.05 m x 1.83 m
Main Level Foyer 4.27 m x 3.02 m
Main Level Bathroom 2.57 m x 2.41 m
Main Level Bathroom 2.57 m x 2.41 m
Main Level Bathroom 2.57 m x 2.41 m
Main Level Bathroom 2.57 m x 2.41 m
Main Level Laundry Room 1.93 m x 1.85 m
Main Level Other 7.67 m x 4.98 m
Main Level Sitting Room 4.95 m x 5.16 m
Main Level Bathroom 1.73 m x 1.6 m
Main Level Bedroom 5.59 m x 4.14 m
Main Level Bedroom 5.72 m x 4.14 m
Main Level Bedroom 5.72 m x 4.11 m
Main Level Bedroom 5.69 m x 4.11 m

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

Rebecca Puckett
Salesperson


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