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$1,650,000
Available - For Sale
Listing ID: X12045409
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.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $29,999.95 $59,999.9 $89,999.85 $119,999.8
First Mortgage $569,999.05 $539,999.1 $509,999.15 $479,999.2
CMHC/GE $15,674.97 $10,799.98 $8,924.99 $0
Total Financing $585,674.02 $550,799.08 $518,924.14 $479,999.2
Monthly P&I $2,508.4 $2,359.03 $2,222.51 $2,055.8
Expenses $0 $0 $0 $0
Total Payment $2,508.4 $2,359.03 $2,222.51 $2,055.8
Income Required $94,064.87 $88,463.62 $83,344.19 $77,092.48

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Royal City Realty

125 Richardson Stre , Guelph/Eramosa, N0B 2K0, Wellington

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph/Eramosa
Neighbourhood: Rockwood
Style: 3-Storey
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $8,570.06
Maintenance Fee: $0
Beds: 7
Baths: 9
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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