Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,299,000
Guelph/Eramosa
405 Main Street South, Guelph/Eramosa (Rockwood), Ontario, N0B2K0
This multi-family property in Guelph/Eramosa is for sale offering roughly 1,750 sq ft of space. It has been on the market 86 days, fresher than the Guelph/Eramosa average of 122 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 86 days on market, against an average age of 122 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed multi-family in Guelph/Eramosa (Rockwood) has been listed for 86 days, which is 36 days fresher than the city average of 122. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 10.8× the local median household income of $120,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
