$1,050,000
Available - For Sale
Listing ID: X11945535
126 MAIN St South , Guelph/Eramosa, N0B 2K0, Ontario
| Incredible investment opportunity in downtown Rockwood! This fully tenanted, freestanding mixed-use property at 126 Main Street South offers a gross rental income of $69,600 annually, making it an excellent addition to any portfolio. The property features three income-generating units: a main floor commercial space leased on a 5-year term, a spacious second-floor three-bedroom residential unit, and a two-bedroom basement apartment, all with in-suite laundry. Zoned C1 under Guelph/Eramosa, the building supports a variety of business ventures, enhancing its long-term investment potential. A recent building inspection has been completed, providing peace of mind for buyers. Parking for four vehicles is available at the rear, with additional street parking offering convenience for tenants and customers alike. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community, blending small-town charm with excellent accessibility. The downtown location ensures high visibility for commercial tenants and convenience for residential occupants, promoting long-term tenant satisfaction and retention. With Rockwood's real estate market demonstrating robust growth and demand, this property stands out as a prime opportunity for investors seeking stable returns in a thriving area. |
| Price | $1,050,000 |
| Taxes: | $5640.00 |
| Tax Type: | Annual |
| Assessment: | $277000 |
| Assessment Year: | 2025 |
| Occupancy by: | Tenant |
| Address: | 126 MAIN St South , Guelph/Eramosa, N0B 2K0, Ontario |
| Postal Code: | N0B 2K0 |
| Province/State: | Ontario |
| Legal Description: | PT LT 6 BLK C PL 150 STRANGE'S SURVEY RO |
| Lot Size: | 38.00 x 132.00 (Feet) |
| Directions/Cross Streets: | MAIN STREET SOUTH & GUELPH STREET |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 4295.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2908 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1386 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Financial Statement: | Y |
| Chattels: | Y |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Washrooms: | 4 |
| Soil Test: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Escarpment Realty Inc |
|
|
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Wellington |
| Municipality: | Guelph/Eramosa |
| Neighbourhood: | Rockwood |
| Lot Size: | 38.00 x 132.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $5,640 |
| Baths: | 4 |
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