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$1,590,000

125 RICHARDSON STREET, Guelph/Eramosa, Ontario, N0B 2K0

MLS® # X12675244

Guelph/Eramosa ON, N0B 2K0

MLS® # X12675244

Property Information:

Opportunity and Income! Rockwood offers an excellent return on investment in this fully rented property. Live in and collect potential rental income of over six figures annually. Picture perfect and prime location for an institutional home or rehab center. Lots of great ideas in this multi plex option. It uses are endless, perfect for multifamily or generation living or co-living. Many upgrades including an air exchanger and fully spray foamed insulation for maximum energy savings. Perfect blend of old work charm and modern upgrades. The spacious layout features private suites on the west wing, second story suite and a massive lower level suite. Generously sized chefs eat-in kitchen with a large island, two dishwashers, two large sinks, ample cupboard space, main floor laundry and a sleek stainless steel industrial fridge. Private outdoor peaceful garden areas, ample parking. Solid building on corner lot. Easy turn key income on start up. Nicely decorated in soft decor colours. Meticulously maintained. Turn key. Fantastic opportunity. Make your move, live here and let the rents provide an income while you live rent free. Current rents posted for units $139, 800 annually. Time to bring your dream to Rockwood! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 4924 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Microwave, Washer, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Farm Type: Other
  • Floor Space (approx): 4924 Square Feet
  • Irregular: Yes
  • Lot Depth: 66 Feet
  • Lot Frontage: 132 Feet
  • Lot Size: Bldg=132 x 66 FT
  • Zoning: R1

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 125 RICHARDSON STREET, Guelph/Eramosa, Ontario, N0B 2K0

Demographic Information of 125 RICHARDSON STREET, Guelph/Eramosa, 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