$779,900
56 Ridgewood Avenue, Guelph, ON N1H 6C5
Property Description
Property type
Detached
Lot size
N/A
Style
Bungalow
Approx. Area
700-1100 Sqft
Room Information
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Bathroom | 2.97 x 2 m | 4 Pc Bath | Main |
Bedroom | 2.79 x 2.69 m | N/A | Main |
Bedroom 2 | 3.84 x 2.9 m | N/A | Main |
Dining Room | 3.66 x 1.88 m | N/A | Main |
About 56 Ridgewood Avenue
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!
Home Overview
Last updated
8 hours ago
Virtual tour
None
Basement information
Apartment, Separate Entrance
Building size
--
Status
In-Active
Property sub type
Detached
Maintenance fee
$N/A
Year built
2024
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Ridgewood Avenue

Book a Showing
Tour this home with Angela
I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.