March 25, 2024
- 10 min read
56 Ridgewood Avenue Guelph, Ontario N1H 6C5
$849,900
5 Bedroom
2 Bathroom
700 - 1,100 ft2
Bungalow
Central Air Conditioning
Forced Air
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:36109)
Property Details
| MLS® Number | X12131985 |
| Property Type | Single Family |
| Community Name | Junction/Onward Willow |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Water Heater, All |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 143 Ft |
| Size Frontage | 51 Ft |
| Size Irregular | 51 X 143 Ft |
| Size Total Text | 51 X 143 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Dining Room | 3.86 m | 2.24 m | 3.86 m x 2.24 m |
| Lower Level | Family Room | 3.86 m | 3.4 m | 3.86 m x 3.4 m |
| Lower Level | Kitchen | 3.86 m | 3.99 m | 3.86 m x 3.99 m |
| Lower Level | Utility Room | 1.65 m | 1.78 m | 1.65 m x 1.78 m |
| Lower Level | Bathroom | 1.93 m | 4.04 m | 1.93 m x 4.04 m |
| Lower Level | Bedroom | 3.73 m | 4.29 m | 3.73 m x 4.29 m |
| Lower Level | Bedroom 2 | 3.05 m | 2.69 m | 3.05 m x 2.69 m |
| Main Level | Bathroom | 2.97 m | 2 m | 2.97 m x 2 m |
| Main Level | Bedroom | 2.79 m | 2.69 m | 2.79 m x 2.69 m |
| Main Level | Bedroom 2 | 3.84 m | 2.9 m | 3.84 m x 2.9 m |
| Main Level | Dining Room | 3.66 m | 1.88 m | 3.66 m x 1.88 m |
| Main Level | Kitchen | 2.95 m | 2.64 m | 2.95 m x 2.64 m |
| Main Level | Living Room | 4.32 m | 5.18 m | 4.32 m x 5.18 m |
| Main Level | Primary Bedroom | 4.04 m | 2.9 m | 4.04 m x 2.9 m |
INQUIRE ABOUT
56 Ridgewood Avenue
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Coldwell Banker Neumann Real Estate
May 07 2025 11:01:37
