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$1,050,000

126 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

MLS® # X11945535

Property Information:

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. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 4
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 38.0 Feet
  • Lot Size: 38 x 132 FT
  • Zoning: C1
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Escarpment Realty Inc

REALTOR.ca  

Location of 126 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

Demographic Information of 126 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$150,491.87

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.31 %

High school certificate or equivalent

31.49 %

Apprenticeship trade certificate/diploma

4.81 %

College/non-university certificate

30.86 %

University certificate (below bachelor)

1.31 %

University Degree

23.2 %

Commuter

Travel To Work

By Car

96.92 %

By Public Transit

0.0 %

By Walking

0.54 %

By Bicycle

0.0 %

By Other Methods

2.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.31 %

Houses

97.69 %

Own Vs. Rent