125 Richardson Street Guelph/eramosa, Ontario N0B 2K0

$1,689,000

Exceptional investment opportunity in the heart of Rockwood. This fully rented property offers strong income potential, with current rents generating approximately $120,000 annually. Ideal for investors, multi-generational families, co-living arrangements, or those seeking a live-and-earn lifestyle, this versatile property presents a wide range of potential uses, including institutional housing or a rehabilitation facility, subject to all required approvals.Thoughtfully updated while preserving its character and charm, the property features numerous improvements, including a modern air exchanger system and fully spray-foamed insulation for enhanced energy efficiency. The spacious layout includes private suites in the west wing, a second-floor suite, and an expansive lower-level suite, providing flexibility for a variety of living arrangements.At the heart of the home is a generously sized chef's eat-in kitchen, complete with a large island, two dishwashers, two oversized sinks, abundant cabinetry, main-floor laundry, and a commercial-grade stainless steel refrigerator. Outside, enjoy peaceful garden spaces, ample parking, and a prominent corner-lot location.Meticulously maintained and tastefully finished in neutral décor, this turnkey property offers an attractive blend of historic character and modern convenience. A rare opportunity to generate substantial income while occupying the property yourself. Whether you're looking to expand your investment portfolio or create a unique living arrangement, Rockwood presents an outstanding opportunity to bring your vision to life. (id:61215)

Property Details

MLS® Number	X13417306
Property Type	Single Family
Community Name	Rockwood
Amenities Near By	Hospital, Park, Schools
Community Features	Community Centre, School Bus
Features	Guest Suite, Sump Pump
Parking Space Total	8
Structure	Deck, Patio(s), Barn

Building

Bathroom Total	9
Bedrooms Above Ground	7
Bedrooms Below Ground	1
Bedrooms Total	8
Appliances	Water Softener, Water Purifier, Water Meter, Dishwasher, Dryer, Freezer, Stove, Washer, Refrigerator
Basement Development	Finished
Basement Features	Walk-up
Basement Type	Full, N/a (finished), N/a
Construction Status	Insulation Upgraded
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Fireplace Present	Yes
Fireplace Total	1
Flooring Type	Hardwood, Carpeted
Foundation Type	Poured Concrete, Stone
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,500 - 5,000 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Hospital, Park, Schools
Landscape Features	Landscaped
Sewer	Sanitary Sewer
Size Depth	66 Ft
Size Frontage	132 Ft ,6 In
Size Irregular	132.5 X 66 Ft
Size Total Text	132.5 X 66 Ft|1/2 - 1.99 Acres
Zoning Description	R1

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	6.27 m	3.57 m	6.27 m x 3.57 m
Second Level	Bedroom	4.55 m	3.56 m	4.55 m x 3.56 m
Third Level	Bedroom	7.19 m	5.89 m	7.19 m x 5.89 m
Basement	Recreational, Games Room	9.62 m	6.7 m	9.62 m x 6.7 m
Main Level	Living Room	5.08 m	3.78 m	5.08 m x 3.78 m
Main Level	Dining Room	4.87 m	4.8 m	4.87 m x 4.8 m
Main Level	Kitchen	4.57 m	3.07 m	4.57 m x 3.07 m
Main Level	Bedroom	5.61 m	3.96 m	5.61 m x 3.96 m
Main Level	Laundry Room	4.57 m	4.26 m	4.57 m x 4.26 m

https://www.realtor.ca/real-estate/29873240/125-richardson-street-guelpheramosa-rockwood-rockwood