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:63203)
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 |
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