Inactive on Dec 31, 2024
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: 3-Storey
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Lot Size: 66 x 132 Feet
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Age: No Data
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Taxes: $8,570 per year
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Days on Site: 112 Days
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Added: Jan 01, 2025 (3 months on market)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X10876010
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Listed By: Keller williams home group realty
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)
Property Details
Facts for 125 Richardson Street, Guelph/Eramosa
Status
Days on Market: 112
Last Status: Expired
Sold Date: Feb 22, 2025
Closed Date: Nov 30, -0001
Expiry Date: Dec 31, 2024
Unavailable Date: Jan 01, 2025
Input Date: Sep 10, 2024
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Detached
Style: 3-Storey
Area: Guelph/Eramosa
Community: Rockwood
Availability Date: Flexible
Assessment Amount: $746,000
Assessment Year: 2024
Inside
Bedrooms: 7
Bathrooms: 9
Kitchens: 1
Kitchens Plus: 1
Rooms: 19
Air Conditioning: Central Air
Fireplace: Yes
Washrooms: 9
Utilities
Gas: Yes
Telephone: Available
Building
Basement: Part Fin
Basement 2: Walk-Up
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Elevator: N
UFFI: No
Water Supply: Municipal
Special Designation: Unknown
Other Structures: Barn
Retirement: N
Parking
Driveway: Pvt Double
Garage Type: Outside/Surface
Covered Parking Spaces: 10
Total Parking Spaces: 10
Fees
Tax Year: 2024
Tax Legal Description: LT 27 BLK A PL 150 STRANGE'S SURVEY ROCKWOOD ERAMOSA; GUELPH-ERA
Taxes: $8,570
Highlights
Feature: Other
Land
Cross Street: Alma Street East, ri
Municipality District: Guelph/Eramosa
Fronting On: East
Parcel Number: 711810070
Pool: None
Sewer: Sewers
Lot Depth: 132 Feet
Lot Frontage: 66 Feet
Acres: < .50
Zoning: R1
Rural Services: Recycling Pckup
Additional Media
- Virtual Tour: https://vastvue.vids.io/videos/4d90dbbb1e1ae6c1c4/rockwood-full
Rooms
Room details for 125 Richardson Street, Guelph/Eramosa
Type | Dimensions | Description |
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Other Main | 4.98 x 7.67 | Vinyl Floor |
Sitting Main | 5.16 x 4.95 | Vinyl Floor |
Bathroom Main | 1.60 x 1.73 | Vinyl Floor |
Br Main | 4.14 x 5.59 | Vinyl Floor |
Br Main | 4.14 x 5.72 | Ensuite Bath |
Br Main | 4.11 x 5.72 | Vinyl Floor |
Br Main | 4.11 x 5.69 | Vinyl Floor |
Br 2nd | 6.27 x 3.58 | Vinyl Floor |
Br 2nd | 4.55 x 3.56 | Vinyl Floor |
Br 3rd | 5.89 x 7.19 | |
Bathroom Bsmt | 2.46 x 2.62 | Ensuite Bath, Open Concept, Skylight |
Foyer Main | 3.02 x 4.27 |
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Sacred Heart Catholic School
Elementary: CatholicEcole Harris Mill Public School
Elementary: PublicWilliam C. Winegard Public School
Elementary: PublicRockwood Centennial Public School
Elementary: PublicKen Danby Public School
Elementary: PublicHoly Trinity Catholic School
Elementary: CatholicDay School -Wellington Centre For ContEd
Secondary: PublicSt John Bosco Catholic School
Secondary: CatholicActon District High School
Secondary: PublicBishop Macdonell Catholic Secondary School
Secondary: CatholicSt James Catholic School
Secondary: CatholicJohn F Ross Collegiate and Vocational Institute
Secondary: Public