405 Main Street, Guelph/Eramosa, ON
Property Highlights
Welcome to this remarkable Bungalow fourplex located in the coveted neighborhood of Rockwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 84.09 x 11212 ft lot
- Features a finished, full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Carpet Free
- equipped with central air central cooling and highly efficient heat pump heating via gas
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.
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Property Summary
This fourplex located at 405 Main Street, Guelph/Eramosa is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 6 beds, 4 bathrooms, and is 1500-2000 square feet. 405 Main Street, Guelph/Eramosa is in the Rockwood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Rockwood, Guelph/Eramosa.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Rockwood, Guelph/Eramosa.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Heating Controls
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 405 Main Street, Guelph/Eramosa, ON
Q.What is the asking price for 405 Main Street, Guelph/Eramosa, ON ?
The current listing price for 405 Main Street, Guelph/Eramosa, ON in Rockwood, Guelph/Eramosa is $1,299,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 405 Main Street, Guelph/Eramosa, ON ?
405 Main Street, Guelph/Eramosa, ON is a Fourplex (Bungalow) featuring a Finished, Full, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $1,299,000 in Guelph/Eramosa, the legal minimum down payment is $259,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,455 for this transaction. As this listing is in Guelph/Eramosa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.