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| Floor | Bedrooms | Bathrooms |
|---|---|---|
| Basement | 2 | 1 |
| Ground | 3 | 1 |
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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 $17
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30 Year , 3.99% interest


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Welcome to your dream house for sale in Guelph , located at 56 Ridgewood Avenue, Guelph. This charming detached bungalow is nestled in the vibrant Junction/Onward Willow community, where modern living meets a strong sense of neighbourhood. If you’re on the lookout for an affordable housing solution that doesn’t compromise on space or comfort, this is the perfect opportunity for you.
As you step into this delightful home, you’ll immediately appreciate the thoughtful layout. With three spacious bedrooms, this house for sale in Guelph is ideal for families or anyone looking for extra room to breathe. The main floor boasts a well-appointed kitchen, perfect for whipping up your favourite meals, alongside a bright and airy bathroom. The convenience of in-suite laundry means you can take care of chores without any hassle. And if you enjoy a bit of outdoor living, you’ll love the direct access to a 230 sq ft private deck, where you can soak up the sun from morning until sunset.
But that’s not all! This property also features a separate entrance leading to a legal walk-out apartment in the basement, which is currently rented out to fantastic tenants for $1,700 a month. This means that your monthly carrying costs are significantly reduced, making this house for sale in Guelph an excellent investment opportunity. Whether you’re a first-time buyer, looking to house-hack, or searching for a multigenerational living arrangement, this home ticks all the boxes.
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. The expansive yard measures 51 X 143 feet, providing ample space for outdoor activities, gardening, or simply enjoying the fresh air. It’s big enough to justify a ride-on mower, which is perfect for those who love to keep their outdoor space looking pristine.
Living at 56 Ridgewood Avenue, Guelph, means you’re right on the edge of the Junction and Exhibition Park, where the lifestyle is as vibrant as the home itself. The local community is bustling with great spots to eat, shop, and enjoy leisure activities. You’ll find it easy to connect with neighbours and enjoy the strong sense of community that this area offers. Plus, with quick access to the Hanlon Expressway, commuting to other parts of Guelph or beyond is a breeze.
This house for sale in Guelph is equipped with central air conditioning, ensuring you stay cool during those warm summer months. While there’s no garage or pool, the property offers ample parking space for up to four vehicles, making it convenient for family and friends to visit. The heating system is forced air, and the home is connected to municipal water and sewer, providing peace of mind and reliability.
One of the best aspects of this property is its potential. Whether you’re looking to invest in a cash-flow-positive property, seeking a family home, or considering a multigenerational setup, this house for sale in Guelph offers flexibility and opportunity. The unfurnished nature of the home allows you to put your personal stamp on it, creating a space that truly feels like your own.
In conclusion, if you’re ready to step into detached home ownership without breaking the bank, 56 Ridgewood Avenue, Guelph, is the place for you. With its modern features, spacious layout, and fantastic rental potential, this house for sale in Guelph is a smart buy that won’t last long on the market. Let’s have a chat about what’s possible when you choose to live here!
Junction/Onward Willow is a vibrant and welcoming neighbourhood in Guelph, characterised by its diverse mix of residential areas, parks, and local amenities. Nestled conveniently near the city centre, this community offers a blend of modern living and green spaces, making it ideal for families and individuals alike. With a variety of shops, schools, and recreational facilities nearby, residents enjoy a sense of convenience and connectivity. The area is well-served by public transport, providing easy access to the wider Guelph region. Whether you're looking for a quiet stroll through one of the local parks or a lively community event, Junction/Onward Willow has something to offer everyone, making it a delightful place to call home.
This property is conveniently located near several reputable educational institutions, making it an ideal choice for families. Within just 0.6 km, you will find Paisley Road Public School and Willow Road Public School, both part of the Upper Grand District School Board, offering excellent programs in English for grades JK to 6 and JK to 8, respectively, with school ratings of 4.6 and 5.2. For secondary education, Guelph Collegiate Vocational Institute, located 1.2 km away, provides a robust curriculum for grades 9 to 12 and boasts an impressive rating of 8.3. Additionally, St. Joseph Catholic School, a short 0.4 km from the property, offers a Catholic education for grades JK to 8, although it currently has a rating of 0. For high school options, Our Lady of Lourdes Catholic High School is just 1.1 km away, also under the Wellington Catholic District School Board. While some schools have lower ratings, the proximity and variety of educational choices cater to diverse preferences and needs. Overall, this area provides a strong foundation for your children’s educational journey.
The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 954 residents. The average household consists of 2.1 individuals, with a median age of 42.2 years. The average household income stands at $75,600, though 14.4% of the population lives in low-income conditions. The housing market reflects an average property price of $520,000, with 57.65% of residents renting their homes, while 14.12% reside in condominiums. The community has a significant percentage of single individuals, accounting for 50.92%, and households with children represent 41.67%. Notably, immigrants make up 35.84% of the population, contributing to the area's cultural diversity. Educational attainment is relatively high, with 42.76% of residents holding a college or university degree. However, a considerable portion of the population, 38.16%, is not actively participating in the labor force. This demographic snapshot highlights a vibrant community with a mix of families, singles, and a notable immigrant presence, all of which contribute to the area's unique character and potential for growth.
This property features 2 bathroom(s) and 3 bedroom(s).
This Detached property includes 2 additional bedrooms.
The total square footage of this Detached 3 bed property in Guelph is 700 - 1100.
56 Ridgewood Avenue boasts 4 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Apartment, Separate Entrance basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 1 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Forced Air.
Information about utilities is not available.
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