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125 RICHARDSON Street

125 RICHARDSON Street

Rockwood, Ontario

4,924 sqft • Institutional - Special Purpose

$1,499,900

Opportunity and Income! Rockwood offers an excellent return on investment in this fully rented property. Live in and collect potential rental income of over six figures annually. Picture perfect and prime location for an institutional home or rehab center. Lots of great ideas in this multi plex option. It uses are endless, perfect for multifamily or generation living or co-living. Many upgrades including an air exchanger and fully spray foamed insulation for maximum energy savings. Perfect blend of old work charm and modern upgrades. The spacious layout features private suites on the west wing, second story suite and a massive lower level suite. Generously sized chefs eat-in kitchen with a large island, two dishwashers, two large sinks, ample cupboard space, main floor laundry and a sleek stainless steel industrial fridge. Private outdoor peaceful garden areas, ample parking. Solid building on corner lot. Easy turn key income on start up. Nicely decorated in soft decor colours. Meticulously maintained. Turn key. Fantastic opportunity. Make your move, live here and let the rents provide an income while you live rent free. Current rents posted for units $139, 800 annually. Time to bring your dream to Rockwood!

Price History

Schools

Elementary

  • Rockwood Centennial Public School0.3 km

    Public · Upper Grand DSB · 340 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 63% met the provincial standard

  • Sacred Heart - Rockwood Catholic Elementary School1 km

    Catholic · Wellington CDSB · 335 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 51% met the provincial standard

  • Ecole Harris Mill Public School1.5 km

    Public · Upper Grand DSB · 235 students

    Grade 3 reading: 76% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0B

Population
86,919
Private dwellings
31,269
Median age
42.8
Average household size
2.9
Median household income
$120,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Institutional - Special Purpose in Rockwood · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of institutional - special purpose properties in Rockwood over the last 12 months.

Location

Mortgage Calculator

$299,980

Estimated Monthly Payment

$7,369

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,369/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $375/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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