For Sale: 125 Richardson Street, Guelph/Eramosa, ON - REW
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$1,689,000
8 bd • 9 ba • 3503 sf • Multifamily
125 Richardson Street
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$1,689,000
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125 Richardson StreetGuelph/Eramosa, ON, N0B 2K0

Rockwood
  • 8 Bed
  • 9 Bath
  • 3503 Sqft
  • Multifamily

About this home

*** 6% CAP RATE *** Exceptional investment opportunity in the heart of Rockwood. This fully rented property offers strong income potential, with current rents generating approximately $139,800 annually. Ideal for investors, multi-generational families, co-living arrangements, or those seeking a live-and-earn lifestyle, this versatile property presents a wide range of potential uses, including institutional housing or a rehabilitation facility, subject to all required approvals. Thoughtfully updated while preserving its character and charm, the property features numerous improvements, including a modern air exchanger system and fully spray-foamed insulation for enhanced energy efficiency. The spacious layout includes private suites in the west wing, a second-floor suite, and an expansive lower-level suite, providing flexibility for a variety of living arrangements. At the heart of the home is a generously sized chef’s eat-in kitchen, complete with a large island, two dishwashers, two oversized sinks, abundant cabinetry, main-floor laundry, and a commercial-grade stainless steel refrigerator. Outside, enjoy peaceful garden spaces, ample parking, and a prominent corner-lot location. Meticulously maintained and tastefully finished in neutral décor, this turnkey property offers an attractive blend of historic character and modern convenience. A rare opportunity to generate substantial income while occupying the property yourself. Whether you’re looking to expand your investment portfolio or create a unique living arrangement, Rockwood presents an outstanding opportunity to bring your vision to life.
Listed by: Dennis Mehravar, Engel & Volkers Waterloo Region

Home facts and features

Price details
List Price
$1,689,000
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Gross Taxes for 2026
$8,856
Home facts
Bedrooms
8
Full Bathrooms
9
Parking Spaces
10
Property Type
Multifamily
Lot Size
66 ft x 132 ft (8712 ft²)
Depth
132.0
Frontage
66.0
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Separate Entrance,Walk-Up Access,Full,Finished,Sump Pump
Features
Accessory Apartment, Built-in Appliances, Carbon Monoxide Detector(s), Common Area, Landscape Lighting, Lighting, Other, Upgraded Insulation, Year Round Living
Appliances
Dishwasher, Dryer, Freezer, Refrigerator, Shared Use Of Fridge, Stove, Washer, Washer And Dryer, Washerhared Use Of Fridge
Community
Agent details
Primary Agent
Primary Broker
Engel & Volkers Waterloo Region
Listing details
Days on REW
15 Days
MLS® Number
40838550
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Rockwood Centennial Public School
  • Public
  • JK - 8
Sacred Heart Catholic School
  • Catholic
  • JK - 8
Ecole Harris Mill Public School
  • Public
  • JK - 5
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Call Agent
Dennis Mehravar
Phone:
(519) 579-4110
Cell:
519-498-1229
Office:
(519) 800-0080
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