| 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. |
| Price | $1,689,000 |
| Taxes: | $8856.00 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 125 RICHARDSON Street , Guelph/Eramosa, N0B 2K0, Wellington |
| Acreage: | .50-1.99 |
| Directions/Cross Streets: | Balaclava |
| Rooms: | 19 |
| Rooms +: | 3 |
| Bedrooms: | 7 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Full, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.66 | 12.4 | Hardwood Floor |
| Room 2 | Main | Dining Ro | 15.97 | 15.74 | Hardwood Floor |
| Room 3 | Main | Kitchen | 14.99 | 10.07 | Hardwood Floor, Double Sink, Combined w/Living |
| Room 4 | Main | Bedroom | 18.4 | 12.99 | Hardwood Floor |
| Room 5 | Main | Laundry | 14.99 | 13.97 | Large Window, Walk-Out, Laundry Sink |
| Room 6 | Second | Bedroom | 20.57 | 11.71 | |
| Room 7 | Second | Bedroom | 14.92 | 11.68 | Eat-in Kitchen, Combined w/Rec |
| Room 8 | Third | Bedroom | 23.58 | 19.32 | |
| Room 9 | Basement | Recreatio | 31.55 | 21.98 | Broadloom |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 3 | Second |
| Washroom Type 4 | 3 | Third |
| Washroom Type 5 | 3 | Basement |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Other |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Other |
| Park #2 | |
| Parking Type: | Other |
| Pool: | None |
| Other Structures: | Barn |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Hospital, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ENGEL & VOLKERS TORONTO CENTRAL |
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| Type: | Freehold - Detached |
| Area: | Wellington |
| Municipality: | Guelph/Eramosa |
| Neighbourhood: | Rockwood |
| Style: | 2-Storey |
| Tax: | $8,856 |
| Beds: | 7+1 |
| Baths: | 9 |
| Fireplace: | Y |
| Pool: | None |