For Sale

$1,299,000

405 MAIN STREET S , Guelph/Eramosa (Rockwood), Ontario N0B2K0

6 Beds 4 Baths

Remarks

Turnkey Investment Opportunity in Rockwood - Strong Cash Flow & Reliable TenantsA rare, exceptionally well-maintained brick fourplex located in the highly desirable community of Rockwood. This property represents a stable, cash-flowing addition to any portfolio, showing positive returns with 20% down.The building features a strong tenant profile with cooperative, long-term occupants who consistently pay on time. The physical asset has been meticulously maintained, minimizing near-term capital expenditure. Unit 1-a spacious, bright 2-bedroom, 1-bathroom unit-is currently vacant and listed for rent at $2,200/month. This presents an immediate opportunity for an investor to secure market-rent cash flow or for an owner-occupant to move in and let the remaining three units cover the mortgage.Situated on Main Street South, the property offers excellent visibility, ample parking for tenants, and easy access to local amenities, parks, Guelph, and the GTA commuter routes. Steady local rental demand makes this a highly resilient asset. Clean, solid, and professionally run. Financial details, utility breakdowns, and rent roll are available upon request. (id:27)

Property Summary

  • Neighbourhood: Rockwood
  • Lot Frontage: 84.1 Feet
  • Lot Depth: 112.1 Feet
  • Lot Size: 84.1 x 112.1 FT
  • No. of Parking Spaces: 8
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Bedrooms: 6
  • Bathrooms (Total): 4

Property Features:

  • Features:
    Carpet Free
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Heating Controls
  • Appliances:
    Dryer , Stove , Washer , Refrigerator
  • Architectural Style:
    Bungalow
  • Basement Development:
    Finished
  • Basement Type:
    N/A , Full , N/A
  • Building Type:
    Fourplex
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Brick
  • Foundation Type:
    Block
  • Heating Fuel:
    Electric , Natural gas
  • Heating Type:
    Heat Pump
Lifestyle
Neighbourhood Info
Shanda Simpson

Shanda Simpson

Sales Representative

Phone:  519.821.6191

Fax:  519.821.6764

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Royal LePage Royal City Realty, Brokerage (Independently owned and operated)

30 Edinburgh Rd. N.
Guelph,  ON N1H7J1

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