Unknown for 125 Richardson St, Guelph/Eramosa Ontario N0B 2K0
5 days on Market

125 Richardson St, Guelph/Eramosa, Ontario N0B 2K0

Detached
7
9
- sqft
$1,650,000
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Detached
7
9
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,086/mo

Tax Amount (2024)$8,570/yr

Days On Market5 days


Description

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 Details

Style3-Storey
ViewForest
Age of property-
SqFt-
Lot Size8,712 SqFt(66 x 132)
Parking Spaces7
MLS ®NumberX12045409
Community NameGuelph-Eramosa
Data SourceTRREB
Listing byRoyal LePage Royal City Realty

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Bsmt, Finished

Main Floor

Foyer

3.23 x 2.81

Kitchen

4.58 x 4.62

Dining

3.3 x 4.92

Den

5.39 x 4.7


Features

Lot size: 8,712 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Mar 27, 2025
ListedActive
$1,650,000
5 days on market
history photo preview47
Listing by trreb®
Property listed by Royal LePage Royal City Realty, Brokerage

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Population and Demographics

Overview

Total population 18813
Average household income $149,486

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
20%
65 and plus
17%
20 to 34
17%

Household composition (%)

Single family
78%
Single person
18%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
87%
Others
7%
Italian
1%
Punjabi (Panjabi)
1%
French
1%

House tenancy (%)

Owners
85%
Renters
15%

Schools and amenities

Estimated Budget