126 Main St S

For Sale 91 Days
$999,000 $49K
$949,999
beds
baths
4,295 Sqft

126 Main St S

For Sale 91 Days
$999,000 $49K
$949,999
beds
baths
4,295 Sqft

Highlights

Key insights

Description

An absolute steal in downtown Rockwood, this property is priced to move and the sellers are motivated to work with serious buyers to get a deal done. With a projected cap rate of 6.41% at the new list price of $949,999, this fully tenanted, freestanding mixed-use building at 126 Main Street South delivers strong, stable income and long-term investment potential. The property generates $60,925 in net operating income from three separate units: a main floor commercial space on a five-year lease, a spacious three-bedroom apartment on the second floor, and a well-kept two-bedroom basement unit. Each space offers in-suite laundry and individual heating controls, providing comfort and autonomy for tenants. The lot includes four dedicated parking spaces at the rear, with ample street parking nearby. Zoned C1 under Guelph/Eramosa, the building accommodates a wide range of commercial uses, and its high-visibility location adds to its appeal. A recent pre-inspection is available to serious buyers, making this a turnkey opportunity for investors seeking dependable returns in a growing community. (id:63267)

John Gaida of RE/MAX Escarpment Realty Inc.,
#40738530
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • Construction materials
    Concrete block, concrete walls
  • # parking spaces
    4
Location
  • Community features
    High traffic area
  • Subdivision
    43 - rockwood
Lot/ Land Details
  • Lot dimensions
    0.12
Overview
  • Lot size (acres)
    0.12
  • Building size
    4295
  • Listing #
    40738530
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28431471/126-main-street-s-rockwood
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-2,533

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes