3 Beds 2 Bath

56 Ridgewood Avenue, Guelph, ON N1H 6C5

Guelph N1H 6C5 Ontario

MLS: X12131985

$824,900

Added 7 days ago | For Sale

Listed by: Coldwell Banker Neumann Real Estate

About Property

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!

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 51 X 143
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Silvercreek and Paisley
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:Flexible
  • Annual Property taxes: $4447.19
  • Bedrooms:3 +2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12131985

Level Type Features Dimensions
Main Bathroom 4 Pc Bath 9 ft, 9 in x 6 ft, 7 in
Bedroom 9 ft, 2 in x 8 ft, 10 in
Bedroom 2 12 ft, 7 in x 9 ft, 6 in
Dining Room 12 ft x 6 ft, 2 in
Kitchen 9 ft, 8 in x 8 ft, 8 in
Living Room 14 ft, 2 in x 17 ft
Primary Bedroom 13 ft, 3 in x 9 ft, 6 in
Lower Bathroom 3 Pc Bath 6 ft, 4 in x 13 ft, 3 in
Bedroom 12 ft, 3 in x 14 ft, 1 in
Bedroom 2 10 ft x 8 ft, 10 in
Dining Room 12 ft, 8 in x 7 ft, 4 in
Family Room 12 ft, 8 in x 11 ft, 2 in
Kitchen 12 ft, 8 in x 13 ft, 1 in
Utility Room 5 ft, 5 in x 5 ft, 10 in

No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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