126 Main St S
Rockwood, Guelph/Eramosa, N0B 2R0
FOR SALE
$1,198,900
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4 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS14 + 5
ROOMSX8229004
MLSIDContact Us
Property Description
Amazing opportunity for investors and entrepreneurs. This recently renovated, well-maintained residential/commercial property shows really well and offers a prime opportunity for a range of businesses with C1 Commercial zoning or convert the commercial main floor property to a two bedroom residential unit. The second floor features a generous three-bedroom apartment with in-suite laundry, while the basement offers an additional two-bedroom unit for rental income. With parking for four vehicles and easy street parking, the property combines business and living seamlessly. A short 15-minute drive to Guelph and 25 minutes to Milton makes it a strategic choice for residents and commuters.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-14 | 2023-12-22 | 38 | $1,268,000 | - | Suspended |
| 2020-10-15 | 2020-12-15 | 61 | $999,999 | - | Terminated |
Property Features
School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
38' x 132'
Acreage
< .50
Fronting
East
Taxes
$6,290 (2023)
Basement
Apartment, Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
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Guelph/Eramosa Market Statistics
Guelph/Eramosa Price Trend
126 Main St S is a 4-bedroom 4-bathroom home listed for sale at $1,198,900, which is $237,234 (24.7%) higher than the average sold price of $961,666 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Guelph/Eramosa declined by $1,938,334 (66.8%) compared to the previous 30 day period (February 29 - March 29) and down $299,334 (23.7%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Guelph/Eramosa over the last 30 days (March 30 - April 28), which is up 500.0% compared with the previous 30 day period (February 29 - March 29) and up 500.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph/Eramosa typically sold ($4,333) (0.5%) below asking price over the last 30 days (March 30 - April 28), which represents a $195,667 increase compared to the previous 30 day period (February 29 - March 29) and $11,100 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Guelph/Eramosa over the last 30 days (March 30 - April 28) stood at 25.0%, down from 50.0% over the previous 30 days (February 29 - March 29) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Guelph/Eramosa stood at 10 days when successfully sold over the last 30 days (March 30 - April 28), compared to 24 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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