Added 23 hours ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: C1
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Age: 51-99 years
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Taxes: 5640
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MLS®#: X11945535
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Added: Jan 29, 2025 (23 hours ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX Escarpment Realty Inc
Incredible investment opportunity in downtown Rockwood! This fully tenanted, freestanding mixed-use property at 126 Main Street South offers a gross rental income of $69,600 annually, making it an excellent addition to any portfolio. The property features three income-generating units: a main floor commercial space leased on a 5-year term, a spacious second-floor three-bedroom residential unit, and a two-bedroom basement apartment, all with in-suite laundry. Zoned C1 under Guelph/Eramosa, the building supports a variety of business ventures, enhancing its long-term investment potential. A recent building inspection has been completed, providing peace of mind for buyers. Parking for four vehicles is available at the rear, with additional street parking offering convenience for tenants and customers alike. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community, blending small-town charm with excellent accessibility. The downtown location ensures high visibility for commercial tenants and convenience for residential occupants, promoting long-term tenant satisfaction and retention. With Rockwood's real estate market demonstrating robust growth and demand, this property stands out as a prime opportunity for investors seeking stable returns in a thriving area.
Property Details
Facts for 126 MAIN Street South, Guelph/Eramosa
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Age: 51-99
Area: Guelph/Eramosa
Community: Rockwood
Availability Date: 30-60 DAYS
Assessment Amount: $277,000
Assessment Year: 2025
Inside
Bathrooms: 4
Air Conditioning: Y
Washrooms: 4
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 4
Fees
Tax Year: 2025
Tax Legal Description: PT LT 6 BLK C PL 150 STRANGE'S SURVEY ROCKWOOD ERAMOSA AS IN ROS
Taxes: $5,640
Expenses: Est
Taxes Type: Annual
Tax Year: 2024
Land
Cross Street: MAIN STREET SOUTH &
Municipality District: Guelph/Eramosa
Sewer: San+Storm
Lot Depth: 132 Feet
Lot Frontage: 38 Feet
Zoning: C1
Additional Media
- Virtual Tour: https://unbranded.youriguide.com/pist2_126_main_st_s_rockwood_on/
Commercial Specific
Retail Area: 1386
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 4295
Total Area Metric: Sq Ft
Office Size: 2908
Office Size Metric: Sq Ft
Tangible Property Included: Y
Lot Code: Lot
Survey: N
Soil Test: N
Financial Statement: Y
X8229004 | Jun 30, 2024 |
Inactive For Sale |
|
Apr 12, 2024 |
Listed For Sale |
$1,125,000 | |
X7298052 | Dec 22, 2023 |
Removed For Sale |
|
Nov 14, 2023 |
Listed For Sale |
$1,268,000 | |
X4954825 | Dec 14, 2020 |
Removed For Sale |
|
Oct 14, 2020 |
Listed For Sale |
$999,999 |
X8229004 Inactive | Jun 30, 2024 | For Sale |
X8229004 Listed | Apr 12, 2024 | $1,125,000 For Sale |
X7298052 Removed | Dec 22, 2023 | For Sale |
X7298052 Listed | Nov 14, 2023 | $1,268,000 For Sale |
X4954825 Removed | Dec 14, 2020 | For Sale |
X4954825 Listed | Oct 14, 2020 | $999,999 For Sale |
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