125 RICHARDSON STREET, Guelph/Eramosa (Rockwood)

$1,689,000

For sale: Detached

Detached at 125 RICHARDSON STREET, Guelph/Eramosa (Rockwood)
Property type
Detached
Bedrooms / bathrooms
8 bedrooms, 9 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13417306
Neighbourhood
Rockwood

Exceptional investment opportunity in the heart of Rockwood. This fully rented property offers strong income potential, with current rents generating approximately $120,000 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.

Sold data

Detached homes in Guelph/Eramosa (Rockwood) — recent sold market

Detached homes in Guelph/Eramosa (Rockwood) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 65, across 31 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.

The median sale price was $999,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$999,900
Sale-to-list ratio
97.4%
Sold above asking
16%

Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 125 RICHARDSON STREET