Investors Welcome! Discover a rare investment opportunity in Rockwood with this versatile property offering exceptional rental income. The home features 7 bedrooms in total with 4 spacious suites on the main floor, each equipped with a cozy gas fireplace, fridge, large closets, and an ensuite bathroom 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 2pce bathroom with a loft office/workspace or lounge(can be converted to a 7th suite for addtional income). 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 chef’s 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 kitchen’s layout and features make it perfect for preparing meals in a social setting. Conveniently, the main floor also includes a shared laundry area and 2pce bathroom. The charm continues in the newly finished basement, which boasts a recreation room complete with a kitchenette, games area, family room (that can be easily adapted into a basment Apartment for addtional income) , 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 significant rental income! NOTE: Property is fully rented with A+ tenants (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
7
Bathrooms
9
Lot
66 x 132 ft
Amenities Nearby
Beach, Park, Place of Worship, Playground, Public Transit, Schools
Communication Type
High Speed Internet
Community Features
Quiet Area
Equipment
Water Heater
Features
Sump Pump, In-Law Suite
Listing Contract Date
2024-09-10
Location Description
Alma Street East, right onto Inkerman, left onto Balaclava street and follow it around to Richardson.
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Porch, Barn
Transaction Type
For sale
Zoning Description
R1
Building
Appliances
Dishwasher, Dryer, Freezer, Refrigerator, Stove, Water softener, Water purifier, Washer, Hood Fan, Window Coverings
Architectural Style
3 Level
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1918
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Fire Protection
Smoke Detectors
Fireplace Present
Yes
# of Fireplaces
6
Foundation Type
Poured Concrete
# of Half Bathrooms
2
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
3pc Bathroom
Second level
11'2'' x 7'9''
3pc Bathroom
Second level
9'9'' x 6'4''
Bedroom
Second level
11'8'' x 14'11''
Bedroom
Second level
11'9'' x 20'7''
2pc Bathroom
Third level
8'6'' x 5'8''
Bedroom
Third level
23'7'' x 19'4''
Family room
Basement
30'0'' x 29'0''
3pc Bathroom
Basement
8'7'' x 8'1''
Kitchen
Lower level
10'0'' x 6'0''
Laundry room
Main level
6'4'' x 6'1''
3pc Bathroom
Main level
8'5'' x 7'11''
3pc Bathroom
Main level
8'5'' x 7'11''
3pc Bathroom
Main level
8'5'' x 7'11''
3pc Bathroom
Main level
8'5'' x 7'11''
Foyer
Main level
14'0'' x 9'11''
Bedroom
Main level
18'8'' x 13'6''
Bedroom
Main level
18'9'' x 13'6''
Bedroom
Main level
18'9'' x 13'7''
Bedroom
Main level
18'4'' x 13'7''
2pc Bathroom
Main level
5'8'' x 5'3''
Sitting room
Main level
16'3'' x 16'11''
Kitchen
Main level
25'2'' x 16'4''
Utilities
Type
Description
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Beach, Park, Place of Worship, Playground, Public Transit, Schools
Sewer
Municipal sewage system
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