405 Main Street S, Guelph/Eramosa (Rockwood), Ontario

$1,299,000

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6

Beds

4

Baths

About 405 Main Street S

Turnkey Investment Opportunity in Rockwood - Strong Cash Flow & Reliable TenantsA rare, exceptionally well-maintained brick fourplex located in the highly desirable community of Rockwood. This property represents a stable, cash-flowing addition to any portfolio, showing positive returns with 20% down.The building features a strong tenant profile with cooperative, long-term occupants who consistently pay on time. The physical asset has been meticulously maintained, minimizing near-term capital expenditure. Unit 1-a spacious, bright 2-bedroom, 1-bathroom unit-is currently vacant and listed for rent at $2,200/month. This presents an immediate opportunity for an investor to secure market-rent cash flow or for an owner-occupant to move in and let the remaining three units cover the mortgage.Situated on Main Street South, the property offers excellent visibility, ample parking for tenants, and easy access to local amenities, parks, Guelph, and the GTA commuter routes. Steady local rental demand makes this a highly resilient asset. Clean, solid, and professionally run. Financial details, utility breakdowns, and rent roll are available upon request. (id:6289)

Features of 405 Main Street S

Listing # X13656344
Price $1,299,000
Bedrooms 6
Bathrooms 4.00
Type Multi-family
Style Bungalow

Community Information

Address 405 Main Street S
Subdivision Rockwood
City Guelph/Eramosa (Rockwood)
Province Ontario
Postal Code N0B2K0

Amenities

Amenities Separate Heating Controls
Features Carpet Free
Parking Spaces 8
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Stove, Dryer
Heating Heat Pump, Electric, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Finished, Full, Separate entrance, N/A, N/A

Exterior

Exterior Brick
Lot Description 84.1 x 112.1 FT
Foundation Block

Listing Details

OfficeRoyal LePage Royal City Realty

Listing Map

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