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125 Richardson Street Image 1

$1,650,000

Mar 27Detached For Sale
bedrooms7bed
washrooms5bath
MLS - #X12045409

125 Richardson Street, Guelph/Eramosa, ON N0B 2K0

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Average Price
165000000.0%
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Property Description

Property type

Detached

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Foyer3.23 x 2.81 mN/AMain
Kitchen4.58 x 4.62 mN/AMain
Dining Room3.3 x 4.92 mN/AMain
Den5.39 x 4.7 mN/AMain

About 125 Richardson Street

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.

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Partial Basement, Finished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2025

Listed by Royal LePage Royal City Realty

Additional Details

Basement:Partial Basement, Finished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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