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

Sale $1,299,000  | 
Listing # X13656344
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Shanda Simpson

Shanda Simpson

Sales Representative

Phone: 519.821.6191
Fax: 519.821.6764

shandasimpson@royallepage.ca
http://www.withueverystep.com

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

Brokerage

30 Edinburgh Rd. N.
Guelph,  ON N1H7J1

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)

Investment

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