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$999,000
Available - For Sale
Listing ID: X12203293
With a projected cap rate of 6.97 percent, this solid investment opportunity in the heart of downtown Rockwood offers consistent income and long-term potential. Listed at $999,000, the fully tenanted, freestanding mixed-use property at 126 Main Street South generates $69,600 in gross annual income across three separate units: a main floor commercial space secured on a five-year lease, a spacious three-bedroom residential unit on the second floor, and a well-maintained two-bedroom basement apartment. Each unit features in-suite laundry and individual heating controls, providing comfort and autonomy for tenants. The property includes four dedicated parking spaces at the rear, with additional street parking available. Zoned C1 under Guelph/Eramosa, the building supports a variety of business uses, enhancing its flexibility and appeal. A recent pre-inspection has been completed and is available to serious buyers, offering clarity and confidence. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community that blends small-town character with strong accessibility. This is a well-constructed, income-generating asset suitable for investors seeking dependable returns in a thriving area.
Price $999,000
Taxes: $5,640
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 126 Main Stre South , Guelph/Eramosa, N0B 2K0, Wellington
Postal Code: N0B 2K0
Province/State: Wellington
Legal Description: PT LT 6 BLK C PL 150 STRANGE'S SURVEY RO
Directions/Cross Streets: MAIN STREET SOUTH & GUELPH STREET
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 4,295
Total Area Code:  Square Feet
Office/Appartment Area: 2908
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Financial Statement: T
Chattels: T
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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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 $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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 Stre South , Guelph/Eramosa, N0B 2K0, Wellington


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