405 MAIN STREET S
Guelph/Eramosa (Rockwood), Ontario
MLS® X13656344
$1,299,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13656344
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- —
1 / 49Listing 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.
Property summary
- MLS® number
- X13656344
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 84.1 x 112.1 FT
- Annual property taxes
- $5,190.00
- Parking
- 8 spaces · No Garage
- Days on market
- 38 days
Features & details
- Heating
- Heat Pump, Electric, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Brick
- Lot features
- Carpet Free
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Royal City Realty, ROCKWOOD.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.