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Pemberton Holmes Ltd.

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405 Main Street S
homes for sale · Guelph/Eramosa · Rockwood
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$1,299,000

405 Main Street S

Rockwood, Guelph/Eramosa · MLS® X13656344

648

House · Multi-family · 75 days on market

listed by JUSTIN HANDLEY, Royal LePage Royal City Realty

realtor's 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 details

type
House, Multi-family
bedrooms
6
bathrooms
4
parking
8
property tax
$5,190 / yr
days on market
75
MLS®
X13656344

features

  • Carpet Free
  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$6,092/mo
Mortgage $5,660 · Tax $433

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,660/ monthly
loan $1,039,200
25-year amortization
total interest
$658,686
cash to close
$259,800
down payment; transfer tax and fees not included
total paid
$1,697,886

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Rockwood, Guelph/EramosaGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
JUSTIN HANDLEY
Royal LePage Royal City Realty
call JUSTIN · 519-856-9922
Powered by: REALTOR.ca
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location

Rockwood, Guelph/EramosaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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