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$ 1,299,000
Est. payment /mo
New
405 Main ST S Guelph/eramosa, ON N0B 2K0
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Rockwood
MLS Listing ID X13656344
Style Bungalow
Bedrooms 6
Annual Tax Amount $5,190
Tax Year 2025
Property Sub-Type Fourplex
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.
Location
Province ON
County Wellington
Area Wellington
Rooms
Family Room No
Basement Finished, Full, Separate Entrance
Kitchen 4
Interior
Interior Features Separate Heating Controls, Carpet Free
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 84.09
Lot Depth 11212.0
Total Parking Spaces 8
Building
Foundation Block
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/405_main_st_s_guelph_eramosa_on/
Listed by Royal LePage Royal City Realty