125 RICHARDSON Street

Rockwood, Guelph/Eramosa, N0B 2K0

$1,689,000

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  • 7+1 bedrooms
  • 9 bathrooms
  • 8 parking
  • 3500-5000 sq ft

Listed 134 days ago · MLS® X13417306

About this home

Exceptional investment opportunity in the heart of Rockwood. This fully rented property offers strong income potential, with current rents generating approximately $120,000 annually. Ideal for investors, multi-generational families, co-living arrangements, or those seeking a live-and-earn lifestyle, this versatile property presents a wide range of potential uses, including institutional housing or a rehabilitation facility, subject to all required approvals.Thoughtfully updated while preserving its character and charm, the property features numerous improvements, including a modern air exchanger system and fully spray-foamed insulation for enhanced energy efficiency. The spacious layout includes private suites in the west wing, a second-floor suite, and an expansive lower-level suite, providing flexibility for a variety of living arrangements.At the heart of the home is a generously sized chef's eat-in kitchen, complete with a large island, two dishwashers, two oversized sinks, abundant cabinetry, main-floor laundry, and a commercial-grade stainless steel refrigerator. Outside, enjoy peaceful garden spaces, ample parking, and a prominent corner-lot location.Meticulously maintained and tastefully finished in neutral décor, this turnkey property offers an attractive blend of historic character and modern convenience. A rare opportunity to generate substantial income while occupying the property yourself. Whether you're looking to expand your investment portfolio or create a unique living arrangement, Rockwood presents an outstanding opportunity to bring your vision to life.

Details

Type
Detached
Style
2-Storey
Size
3500-5000 sq ft
Lot
132.54 × 66 ft
Basement
Full, Finished, Walk-Up
Garage
None
Kitchens
2
Property tax
$8,856 (2026)
Neighbourhood
Rockwood
Municipality
Guelph/Eramosa
Price per sq ft
~$397 (22% below detached houses in Rockwood, $511)

Interior

Bedrooms
7 above ground + 1 below
Bathrooms
4 × 3-piece (main), 1 × 2-piece (main), 2 × 3-piece (second), 1 × 3-piece (third), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
19 above ground + 3 below
Family room or den
No
Fireplace
Yes
Features
Water Softener, Accessory Apartment, Guest Accommodations, Sump Pump, Upgraded Insulation, Water Purifier

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Metal
Foundation
Poured Concrete, Stone
Faces
South
Outdoor
Deck, Landscaped, Patio, Barn

Parking

Total parking
8

Lot

Size
132.54 × 66 ft
Acreage
.50-1.99

More

Possession
Flexible
Nearby
Hospital, Park, Rec./Commun.Centre, School Bus Route, School
Cross street
Balaclava

Rooms

RoomLevelSizeFeatures
Living RoomMain5.08 × 3.78 m (16'8" × 12'5")Hardwood Floor, Hardwood Floor
Dining RoomMain4.87 × 4.8 m (16' × 15'9")Hardwood Floor, Hardwood Floor
KitchenMain4.57 × 3.07 m (15' × 10'1")Hardwood Floor, Double Sink, Combined w/Living, Double Sink, Hardwood Floor
BedroomMain5.61 × 3.96 m (18'5" × 13')Hardwood Floor, Fireplace, Hardwood Floor
LaundryMain4.57 × 4.26 m (15' × 14')Large Window, Walk-Out, Laundry Sink
BedroomSecond6.27 × 3.57 m (20'7" × 11'9")
BedroomSecond4.55 × 3.56 m (14'11" × 11'8")Eat-in Kitchen, Combined w/Rec
BedroomThird7.19 × 5.89 m (23'7" × 19'4")
RecreationBasement9.62 × 6.7 m (31'7" × 22')Broadloom, Broadloom, Finished

History of this address

10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 2 cafés and restaurants, 2 parks, 1 pharmacy. Nearest grocery: Foodland (200 m). Nearest park: Lloyd Dyer Park (200 m).

Schools nearby

Elementary

  • Rockwood Centennial Public School
    EQAO: Gr 6 reading 90%, math 63%
    7 min walk
  • Sacred Heart - Rockwood Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 51%
    15 min walk
  • Ecole Harris Mill Public School French
    EQAO: Gr 3 reading 76%, math 51%
    1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N0B

Owners / renters
88% / 12%
Median household income
$120,000
Average age
41
Children under 15
19%
Homes
85% detached, 0% high-rise
Commute by transit
1%
Population
86,919

Languages spoken most at home besides English: Pennsylvania German 2.5%, German 2.2%, Punjabi (Panjabi) 0.5%, Dutch 0.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data.

Living here

Commute

To Union Station (downtown Toronto): 62 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ENGEL & VOLKERS TORONTO CENTRAL.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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