ON > Guelph > Junction-Onward Willow
Guelph, ON N1H 6C5,56 Ridgewood AVE
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Guelph, ON N1H 6C5,56 Ridgewood AVE
Guelph, ON N1H 6C5,56 Ridgewood AVE
Guelph, ON N1H 6C5,56 Ridgewood AVE
Guelph, ON N1H 6C5,56 Ridgewood AVE
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Max Ortoli

Max Ortoli

+1(416) 398-1111
$ 824,900
Est. payment /mo
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Price Dropped by $25K

56 Ridgewood AVE Guelph, ON N1H 6C5

5 Beds

2 Baths

UPDATED:

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

State 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

Inclusions All appliances, built in shelving unit in upper living room, deck awning frame, two outdoor sheds. Deck Awning Frame (AS IS)

Exterior

Pool None

Roof Type Shingles

Lot Frontage 51.0

Lot Depth 143.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

Others

Senior Community No

Virtual Tour https://unbranded.youriguide.com/56_ridgewood_ave_guelph_on/

Listed by Coldwell Banker Neumann Real Estate
agent

Max Ortoli

+1(416) 398-1111

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56 Ridgewood AVE