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Key Facts
Key facts for 125 Richardson St
Property Type
House, 3-Storey
Parking
None 0 garage, 10 parking
MLS #
X9343726
Size
3500-5000 sqft
Basement
Finished,Full
Listed on
2024-09-10
Lot size
66 x 132.00
Tax
$8,570.06 /yr
Days on Market
346
Approximate Age
100+
Maintenance Fee
-
Description
Income Potential, Investors Welcome! Discover a rare investment opportunity in Rockwood with this versatile property offering exceptional rental potential. The home features 4 spacious rental suites on the main floor, each equipped with a cozy gas fireplace, fridge, large closets, and an ensuite bat...hroom with a walk-in shower. Additionally, on the second floor, there are 2 large bedrooms with 3 pce ensuite, large closets and gas fireplace. On the third floor is a 2 pc bathroom with a loft office/workspace or lounge. These suites provide the perfect setup for long-term rentals, co-living arrangements, or even short-term accommodations like Airbnb or Bed & Breakfast stays. Highlights of this renovated home in 2018 is the Paved driveway (Sept 2024)parking for 10 and is equipped with an expansive, shared chefs kitchen. Ideal for communal living, it includes a large island, two dishwashers, two sinks, ample cupboard space, and a sleek stainless steel industrial fridge/freezer. Whether for renters or guests, the kitchens layout and features make it perfect for preparing meals in a social setting. Conveniently, the main floor also includes a shared laundry area and 2pc bathroom. The historic charm continues in the newly finished basement, which boasts a recreation room complete with a kitchenette, games area, family room, 4-piece washroom, and generous storage space. With its prime location near the Rockwood Conservation Area, this property is perfect for attracting guests and tenants. Whether you're looking to tap into the rental market, run a home business, or create a communal living space, this home offers endless possibilities. Don't miss out on this unique investment opportunity investors are welcome to explore the potential for significant rental income!
