Unlock a rare and turn-key investment opportunity, renovated in 2018 in the heart of Rockwood with this fully rented, income-generating property! Boasting exceptional rental potential, this versatile home is ideal for long-term, short-term, or co-living arrangements. This property is currently fully rented with A+ tenants, ensuring a reliable income stream. The current tenants have been carefully selected, offering a solid rental history. Each tenant occupies one of the 276sqft suites, and given the attractive setup, there is a high demand for units like these in the Rockwood area. The tenants enjoy the comforts of home with features such as cozy gas fireplaces, private ensuites, large closets, and access to the shared, chef-inspired kitchen with 2 sinks, 2 dishwashers, large fridge/freezer combo and laundry facilities on the main floor. Main Floor Suites: The 4 large, private suites on the main floor are occupied by long-term and short-term tenants, private ensuite bathrooms, gas fireplaces and large closets. Second Floor Suites: Two spacious suites on the second floor, each with their own 3-piece ensuite, large closets, and gas fireplaces, are rented out to reliable tenants Third Floor Loft is currently being renovated with a 3-piece ensuitefrom a 2pce, is offering the potential to increase rental income even further. Finished Basement: The finished basement features a recreation room with a kitchenette and family area, easily adaptable into a basement apartment for additional rental income. Guaranteed Rental Income: With A+ tenants already in place, this is a low-risk, high-reward investment with immediate cash flow. Prime Location: Situated near the Rockwood Conservation Area, the property attracts tenants who appreciate the quiet, scenic surroundings, yet still want access to outdoor activities and amenities. There is a bus that runs regularly to Guelph New Ash fault driveway with ample parking (Sept 2024) (id:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Storeys
3
Square Footage
4924 sqft
Subdivision Name
43 - Rockwood
Title
Freehold
Land Size
under 1/2 acre
Built in
1918
Building
Bedrooms
Above Grade
7
Bathrooms
Total
7
Partial
2
Interior Features
Appliances Included
Dishwasher, Dryer, Freezer, Refrigerator, Stove, Water softener, Water purifier, Washer, Hood Fan, Window Coverings
Basement Type
Full (Partially finished)
Building Features
Features
Sump Pump, In-Law Suite
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
3 Level
Square Footage
4924 sqft
Rental Equipment
Water Heater
Fire Protection
Smoke Detectors
Structures
Porch, Barn
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Type
Natural Gas(Available),Telephone(Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Beach, Park, Place of Worship, Playground, Public Transit, Schools