405 Main Street
Guelph/Eramosa, ON
- 6 bed
- 4 bath
- approx. 1500-2000 sqft
- Fourplex
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $5,190
- Listed
- August 10, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Separate Heating Controls, Carpet Free
- Lot Size
- 84.09 x 112.12 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Alma Street & Main Street South
- Parcel Number
- 711810145
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 4 Fridges, 4 Stoves, 4 washers and 4 Dryers
- Exclusions
- Tenants belongings including dishwasher in unit #4
Schools
Elementary
- Ecole Harris Mill Public School0.8 km
Public · Upper Grand DSB · 235 students
Grade 3 reading: 76% met the provincial standard
- Rockwood Centennial Public School1 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 School1.9 km
Catholic · Wellington CDSB · 335 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 51% 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
Residential Freehold in Guelph/Eramosa · last 12 months
- Median sold price
- $998,450
- Homes sold
- 170
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 170 recorded sales of residential freehold properties in Guelph/Eramosa over the last 12 months.
Listed by
Royal LePage Royal City Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$259,800
Estimated Monthly Payment
$6,382
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,382/mo (20% down, 5.5%)
Taxes: $433/mo · Insurance: $325/mo
Estimates only. Consult a financial advisor.
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