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$1,650,000
Est. payment /mo
7 Beds
8 Baths
3,873 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,873 sqft
Price per Sqft $426
Subdivision 43 - Rockwood
MLS® Listing ID 40710263
Bedrooms 7
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
Property Description
Seize a rare investment opportunity with this fully renovated, income-generating property, nestled in the heart of Rockwood. Offering versatile potential for multi-family living or long-term rentals, this property is designed to retain a steady income stream. The interior of the home boasts a unique design with 7 spacious, 1 bedroom suites, each with their own ensuite- 4 wheelchair accessible suites on the main level, 2 suites on the second level, and 1 suite on the third level. All units offer ample closet space and large windows, and share access to a spacious eat-in kitchen with two double sinks, two dishwashers, an industrial sized fridge/freezer combo, and an oven. Additional shared spaces include a convenient laundry room and a cozy den. The finished basement is equally adaptable, featuring a recreation room with a wet bar, a 4 piece bathroom, and an unfinished space that is ideal for additional storage. Situated in a prime location near the Rockwood Conservation Area, enjoy a serene, picturesque setting while being within easy reach of outdoor activities and amenities. Plus, a bus route to Guelph adds to the property's appeal. 2 driveways offer ample parking, while an accessible ramp to the main level ensures convenience for all tenants. This is a turnkey investment as all suites are currently rented to long-term tenants, providing a profitable rental base. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Fence Partially fenced
Community Features Quiet Area
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold