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Home ON Greater Guelph Guelph Onward Willow
56 RIDGEWOOD AVENUE
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56 RIDGEWOOD AVENUE $849,900
5 days ago
Next Open House
May
17
$849,900
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56 RIDGEWOOD AVENUE
Guelph (Junction/Onward Willow), Ontario N1H6C5

MLS® Number: X12131985
3 + 2
Bedrooms
2
Bathrooms
700 - 1100
Square Feet

Listing Description

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! (40408600)

Location Description

Silvercreek and Paisley

Open Houses

May 17
1-3 PM
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Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
Junction/Onward Willow
Title
Freehold
Land Size
51 x 143 FT
Annual Property Taxes
$4,447.19
Parking Type
No Garage
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, All
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
700 - 1100 sqft

Rooms

MetricImperial
Main level
Bathroom
Bedroom
Bedroom 2
Dining room
Kitchen
Living room
Primary Bedroom
Lower level
Dining room
Family room
Kitchen
Utility room
Bathroom
Bedroom
Bedroom 2

Land

Lot Features
Frontage
51 ft
Land Depth
143 ft
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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