Royal LePage Royal City Realty

$1,650,000

125 Richardson Street, Rockwood, Ontario

7 Bedrooms

9 Bathrooms

Property

MLS® Number: 40710275

Address: 125 Richardson Street

City: Rockwood

Style: 3 Storey

Exterior: Brick, Vinyl Siding

Lot Size: 66.0ft x 132.0ft

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 7

Seize a rare investment opportunity with this fully renovated, income-generating property, nestled in the heart of Rockwood. Offering versatile potential for multi-family living or long-term rentals, this property is designed to retain a steady income stream. The interior of the home boasts a unique design with 7 spacious, 1 bedroom suites, each with their own ensuite- 4 wheelchair accessible suites on the main level, 2 suites on the second level, and 1 suite on the third level. All units offer ample closet space and large windows, and share access to a spacious eat-in kitchen with two double sinks, two dishwashers, an industrial sized fridge/freezer combo, and an oven. Additional shared spaces include a convenient laundry room and a cozy den. The finished basement is equally adaptable, featuring a recreation room with a wet bar, a 4 piece bathroom, and an unfinished space that is ideal for additional storage. Situated in a prime location near the Rockwood Conservation Area, enjoy a serene, picturesque setting while being within easy reach of outdoor activities and amenities. Plus, a bus route to Guelph adds to the property’s appeal. 2 driveways offer ample parking, while an accessible ramp to the main level ensures convenience for all tenants. This is a turnkey investment as all suites are currently rented to long-term tenants, providing a profitable rental base.

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Tyler Dawe
Tyler Dawe

Sales Representative

RE/MAX Escarpment

Contact Tyler Dawe