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Royal LePage
Royal LePage
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$1,299,000

405 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

MLS® # X13656344

Guelph/Eramosa (Rockwood) ON, N0B 2K0

MLS® # X13656344

Property Information:

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)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Heating Controls
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Heat Pump
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Features: Carpet Free
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 112.1 Feet
  • Lot Frontage: 84.1 Feet
  • Lot Size: 84.1 x 112.1 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 405 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

Demographic Information of 405 MAIN STREET S, Guelph/Eramosa (Rockwood), Ontario, N0B 2K0

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$144,103.76

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.99 %

High school certificate or equivalent

31.24 %

Apprenticeship trade certificate/diploma

5.47 %

College/non-university certificate

29.47 %

University certificate (below bachelor)

0.26 %

University Degree

21.57 %

Commuter

Travel To Work

By Car

95.68 %

By Public Transit

0.04 %

By Walking

0.09 %

By Bicycle

0.0 %

By Other Methods

4.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.29 %

Houses

91.71 %

Own Vs. Rent

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