Investors Welcome! Discover a rare investment opportunity in Rockwood with this versatile property offering exceptional rental. 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 3pce ensuite and large closets and gas fireplace. On the third floor is a 2pce bathroom with a loft office/workspace or lounge (can be converted into a 7th suite for additional 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, 4-piece washroom, and generous storage space, (Suitable for a basement apartment for additional income) 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! NOTE: Suites and bedrooms are 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
Lot
66 x 132 ft
Amenities Nearby
Public Transit, Schools
Communication Type
High Speed Internet
Equipment
Water Heater
Features
Paved driveway
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
Office
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
R1
Building
Basement Type
Full
Constructed Date
1918
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Stories Total
3
Size (Exterior)
4924
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Public Transit, Schools
Sewer
Municipal sewage system
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