56 Ridgewood AVE new Save Request In-Person Tour Request Virtual Tour
Guelph,ON N1H 6C5
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Junction/Onward Willow
MLS Listing ID X12131985
Style Bungalow
Bedrooms 5
Annual Tax Amount $4,447
Tax Year 2024
Property Sub-Type Detached
Property 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!
Location
Province ON
County Wellington
Community Junction/Onward Willow
Area Wellington
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Water Heater Owned,Accessory Apartment
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 51.0
Lot Depth 143.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Virtual Tour https://unbranded.youriguide.com/56_ridgewood_ave_guelph_on/