405 Main Street S, Guelph/Eramosa, ON N0B 2K0

$1,299,000
6
BD
4
BA
1,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,299,000
MLS#
X13656344
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
Bungalow
Bedrooms
6
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Guelph/Eramosa
Area
Wellington
Neighborhood
Rockwood
Subdivision
Alma Street & Main Street South

Property Description

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.

Additional Information

Taxes
$5,190
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Royal LePage Royal City Realty.