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$849,900
56 RIDGEWOOD AVENUE
Guelph, Ontario, Ontario, N1H6C5
MLS® Number: X12131985
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!
Building information
Type
*****
Appliances
*****
Architectural Style
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Basement Features
*****
Basement Type
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Construction Style Attachment
*****
Cooling Type
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Exterior Finish
*****
Foundation Type
*****
Heating Fuel
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Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Rooms
Main level
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Dining room
*****
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Lower level
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Utility room
*****
Kitchen
*****
Family room
*****
Dining room
*****
Main level
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Dining room
*****
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Lower level
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Utility room
*****
Kitchen
*****
Family room
*****
Dining room
*****
Main level
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Dining room
*****
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Lower level
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Utility room
*****
Kitchen
*****
Family room
*****
Dining room
*****
Main level
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Dining room
*****
Bedroom 2
*****
Bedroom
*****
Bathroom
*****
Lower level
Bedroom 2
*****
Courtesy of Coldwell Banker Neumann Real Estate
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