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$1,050,000
Available - For Sale
Listing ID: X11945535
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: $5,640
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 x 132 (Feet)
Directions/Cross Streets: MAIN STREET SOUTH & GUELPH STREET
Zoning: C1
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 4,295
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
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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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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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

126 MAIN St South , Guelph/Eramosa, N0B 2K0, Ontario


 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Wellington
Municipality: Guelph/Eramosa
Neighbourhood: Rockwood
Style:
Lot Size: 38.00 x 132.00(Feet)
Approximate Age: 51-99
Tax: $5,640
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
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