125 RICHARDSON

Home Details

Description

Investors Welcome! Discover a rare investment opportunity in Rockwood with this versatile property offering exceptional rental income. The home features 7 bedrooms in total with 4 spacious suites on the main floor, each equipped with a cozy gas fireplace, fridge, large closets, and an ensuite bathroom with a walk-in shower. Additionally, on the second floor, there are 2 large bedrooms with 3 pce ensuite, large closets and gas fireplace. On the third floor is a 2pce bathroom with a loft office/workspace or lounge(can be converted to a 7th suite for addtional income). These suites provide the perfect setup for long-term rentals, co-living arrangements, or even short-term accommodations like Airbnb or Bed & Breakfast stays. Highlights of this renovated home in 2018 is the Paved driveway (Sept 2024)parking for 10 and is equipped with an expansive, shared chef’s kitchen. Ideal for communal living, it includes a large island, two dishwashers, two sinks, ample cupboard space, and a sleek stainless steel industrial fridge/freezer. Whether for renters or guests, the kitchen’s layout and features make it perfect for preparing meals in a social setting. Conveniently, the main floor also includes a shared laundry area and 2pce bathroom. The charm continues in the newly finished basement, which boasts a recreation room complete with a kitchenette, games area, family room (that can be easily adapted into a basment Apartment for addtional income) , 4-piece washroom, and generous storage space With its prime location near the Rockwood Conservation Area, this property is perfect for attracting guests and tenants. Whether you're looking to tap into the rental market, run a home business, or create a communal living space, this home offers endless possibilities. Don't miss out on this unique investment opportunity—investors are welcome to explore the significant rental income! NOTE: Property is fully rented with A+ tenants (id:39198)

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Additional media

https://vastvue.vids.io/videos/4d90dbbb1e1ae6c1c4/rockwood-full

Property taxes

$8,570.06 per year / $714.17 per month

Basement

Partially finished, Full

Year build

1918

Type

Single Family

Bedrooms

7

Bathrooms

9

Parking spots

10 Total

Floor

-

Balcony

-

Pool

-

External material

Brick | Vinyl siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Natural gas

Fire place(s)

6