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125 Richardson Street Rockwood, Ontario N0B 2K0

4924 sqft

$1,650,000

Investors Welcome! Discover a rare investment opportunity in Rockwood with this versatile property offering exceptional rental. The home features 7 bedrooms in total with 4 spacious suites on the main floor, each equipped with a cozy gas fireplace, fridge, large closets, and an ensuite bathroom with a walk-in shower. Additionally, on the second floor, there are 2 large bedrooms with 3pce ensuite and large closets and gas fireplace. On the third floor is a 2pce bathroom with a loft office/workspace or lounge (can be converted into a 7th suite for additional income) These suites provide the perfect setup for long-term rentals, co-living arrangements, or even short-term accommodations like Airbnb or Bed & Breakfast stays. Highlights of this renovated home in 2018 is the Paved driveway (Sept 2024)parking for 10 and is equipped with an expansive, shared chef’s kitchen. Ideal for communal living, it includes a large island, two dishwashers, two sinks, ample cupboard space, and a sleek stainless steel industrial fridge/freezer. Whether for renters or guests, the kitchen’s layout and features make it perfect for preparing meals in a social setting. Conveniently, the main floor also includes a shared laundry area and 2pce bathroom. The charm continues in the newly finished basement, which boasts a recreation room complete with a kitchenette, games area, family room, 4-piece washroom, and generous storage space, (Suitable for a basement apartment for additional income) With its prime location near the Rockwood Conservation Area, this property is perfect for attracting guests and tenants. Whether you're looking to tap into the rental market, run a home business, or create a communal living space, this home offers endless possibilities. Don't miss out on this unique investment opportunity—investors are welcome to explore the potential for significant rental income! NOTE: Suites and bedrooms are fully rented with A + tenants (id:49454)

Property Details

MLS® Number 40644918
Property Type Office
AmenitiesNearBy Public Transit, Schools
CommunicationType High Speed Internet
EquipmentType Water Heater
Features Paved Driveway
ParkingSpaceTotal 10
RentalEquipmentType Water Heater

Building

BasementType Full
ConstructedDate 1918
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
StoriesTotal 3
SizeExterior 4924.0000
SizeInterior 4924 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27396461/125-richardson-street-rockwood