REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,050,000
Est. payment /mo
New
126 MAIN ST S Wellington, ON N0B 2K0
4 Baths
4,295 SqFt
UPDATED:
01/29/2025 06:35 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,295 sqft
Price per Sqft $244
Municipality Guelph/Eramosa
MLS Listing ID X11945535
Annual Tax Amount $5,640
Tax Year 2025
Property Description
Incredible investment opportunity in downtown Rockwood! This fully tenanted, freestanding mixed-use property at 126 Main Street South offers a gross rental income of $69,600 annually, making it an excellent addition to any portfolio. The property features three income-generating units: a main floor commercial space leased on a 5-year term, a spacious second-floor three-bedroom residential unit, and a two-bedroom basement apartment, all with in-suite laundry. Zoned C1 under Guelph/Eramosa, the building supports a variety of business ventures, enhancing its long-term investment potential. A recent building inspection has been completed, providing peace of mind for buyers. Parking for four vehicles is available at the rear, with additional street parking offering convenience for tenants and customers alike. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community, blending small-town charm with excellent accessibility. The downtown location ensures high visibility for commercial tenants and convenience for residential occupants, promoting long-term tenant satisfaction and retention. With Rockwood's real estate market demonstrating robust growth and demand, this property stands out as a prime opportunity for investors seeking stable returns in a thriving area.
Location
Province ON
County Wellington
Community Rockwood
Area Wellington
Region Rockwood
City Region Rockwood
Interior
Cooling Yes
Exterior
Garage Spaces 4.0
Utilities Available Available
Lot Frontage 38.0
Lot Depth 132.0
Others
Security Features No
Listed by RE/MAX Escarpment Realty Inc