125 RICHARDSON Street, Guelph/Eramosa
For sale · $1,689,000
8 beds · 9 baths · Detached · 3500-5000 sq ft
About this home
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.
Listing details
- MLS® number: X13417306
- Listed on June 8, 2026
- 47 photos
Listing brokerage: ENGEL & VOLKERS TORONTO CENTRAL
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MLS® listing data by PropTx under licence from TRREB, deemed reliable but not guaranteed accurate by PropTx. Operated by HighPoint Homes Realty, Brokerage.