125 Richardson Street, Guelph/Eramosa - $1,689,000

125 Richardson Street

125 RICHARDSON Street, Guelph/Eramosa

125 RICHARDSON Street in Guelph/Eramosa - 8 bedroom, 9 bathroom. Listed at $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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 4250 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 8 spaces
  • Property Taxes: $8,856/yr
  • Neighbourhood: Rockwood
  • Postal Code: N0B 2K0

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