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56 Ridgewood Avenue Guelph, Ontario N1H 6C5

5 Bedroom 2 Bathroom 700 - 1100 sqft
Bungalow Central Air Conditioning Forced Air

$849,900

This home puts $1,700 a month back in your pocket- just the nudge you needed to step into detached home ownership. At the same cost as a bachelor condo, you're getting actual bedrooms, a massive yard, and income to offset your mortgage. Welcome to an affordable housing solution that doesn't feel like a compromise. This is a modern, purpose-built 2-unit home sitting on an oversized lot, with a clean and updated 3-bedroom bungalow upstairs and a bright, legal walk-out apartment below. The lower unit is currently rented to great tenants paying $1700/month, which means your monthly carrying cost looks a lot lighter, whether you're upgrading, investing, or buying for the first time. The main unit features an updated kitchen and bath, in-suite laundry, and direct access to a 230 sq ft private deck that soaks up sun from morning to sunset. Downstairs, the lower unit is one of the brightest basement apartments you'll find, complete with its own private patio and direct access to a fully fenced backyard that's big enough to justify a ride-on mower. You're right on the edge of the Junction and Exhibition Park- so the lifestyle here is as vibrant as the home itself. Great local spots, a strong sense of community, and quick access to the Hanlon make it easy to get around and even easier to stay put. This is a smart buy whether you're house-hacking, looking for multigenerational flexibility, investing in a cash-flow-positive property, or stepping into your first home. Let's chat about what's possible. It starts when you Live Here! (id:44887)

Open House

This property has open houses!

May
17
Saturday
Starts at:

1:00 pm

Ends at:

3:00 pm

Property Details

MLS® Number X12131985
Property Type Single Family
Community Name Junction/Onward Willow
ParkingSpaceTotal 4

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Water Heater, All
ArchitecturalStyle Bungalow
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 700 - 1100 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 143 Ft
SizeFrontage 51 Ft
SizeIrregular 51 X 143 Ft
SizeTotalText 51 X 143 Ft

Rooms

Level Type Dimensions
Lower Level Dining Room 3.86 m x 2.24 m
Lower Level Family Room 3.86 m x 3.4 m
Lower Level Kitchen 3.86 m x 3.99 m
Lower Level Utility Room 1.65 m x 1.78 m
Lower Level Bathroom 1.93 m x 4.04 m
Lower Level Bedroom 3.73 m x 4.29 m
Lower Level Bedroom 2 3.05 m x 2.69 m
Main Level Bathroom 2.97 m x 2 m
Main Level Bedroom 2.79 m x 2.69 m
Main Level Bedroom 2 3.84 m x 2.9 m
Main Level Dining Room 3.66 m x 1.88 m
Main Level Kitchen 2.95 m x 2.64 m
Main Level Living Room 4.32 m x 5.18 m
Main Level Primary Bedroom 4.04 m x 2.9 m

https://www.realtor.ca/real-estate/28276615/56-ridgewood-avenue-guelph-junctiononward-willow-junctiononward-willow

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Dave Neill
Salesperson


Coldwell Banker Neumann Real Estate
824 Gordon Street
Guelph, Ontario N1G 1Y7

Sydney Jones
Salesperson


Coldwell Banker Neumann Real Estate
824 Gordon Street
Guelph, Ontario N1G 1Y7

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