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$ 779,900

56 Ridgewood Avenue, Guelph, ON N1H 6C5

Guelph, ON, N1H 6C5

MLS® Number : X12272819

5 Beds / 2 Baths / 4 Parking

Lot Front: 51 Feet / Lot Depth: 143 Feet

Description


OPEN HOUSE Sunday, July 13th 2:00 pm-4:00 pm. 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!

Extras


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Property Type

Detached

Neighbourhood

Junction/Onward Willow

Garage Spaces

4

Property Taxes

$ 4,447.19

Area

Wellington

Additional Details


Building


Bedrooms

5

Bathrooms

2

Utilities


Water

Municipal

Sewer

Sewer

Features


Kitchen

2

Family Room

No

Basement

Apartment, Separate Entrance

Fireplace

No

External Features


External Finish

Brick

Property Features


Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

0 Days

Rooms

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Imperial


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