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A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 125 Richardson St, Rockwood Ontario N0B 2K0
50 days on Market

125 Richardson St, Rockwood, Ontario N0B 2K0

Other
-
8
~3873 sqft
$1,650,000
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Other
-
8
~3873 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$426/sqft

Est. Mortgage$7,086/mo

Tax Amount (2024)$8,570/yr

Days On Market50 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.


Upcoming Open House

May 15Thu2:00 PM - 4:00 PM

Property Details

StyleResidential Income
View-
Age of property-
SqFt~3873 SqFt
Lot Size8,712 SqFt(66 x 132)
Parking Spaces7
MLS ®Number40710263
Community NameGuelph-Eramosa
Data SourceITSO
Listing byRoyal LePage Royal City Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Partial, Partially Finished

Features

Lot size: 8,712 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Mar 26, 2025
Listed for
$1,650,000
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Listed
$•••,•••
50 days on market
history photo preview50
Listing by itso®
Property listed by Royal LePage Royal City Realty, Brokerage

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Market Data - Guelph-Eramosa

Geo Zone Map ThumbnailGuelph-Eramosa

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2024

22 days

2023

23 days

2022

14 days

New Listings

Past 30 days

44 listings

Compared to

2024

60 listings

2023

40 listings

2022

35 listings

Units sold

Past 30 days

14 units

Compared to

2024

17 units

2023

27 units

2022

30 units

Median Sold Price

Past 30 days

$1,010,000

Compared to

2024

$1,151,000

2023

$1,031,000

2022

$1,100,000


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

Transportation Scores

Estimated Budget