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13 RIDGEWOOD Avenue

$800,000

13 RIDGEWOOD Avenue, Guelph, Ontario, N1H 6C3

MLS® # 40803624

Guelph ON, N1H 6C3

MLS® # 40803624

Property Information:

Turnkey income opportunity with strong rental appeal. This fully renovated legal duplex features two self-contained units, each offering three bedrooms, one bathroom, and a full kitchen, for a total of six bedrooms. Both units have been updated top to bottom and include brand new appliances. Currently vacant, allowing the new owner to set market rents and select tenants. Strong rental potential in a high-demand area, making this an ideal property for investors seeking cash flow, appreciation, and a low-maintenance asset. Located in a desirable neighbourhood close to transit, amenities, and major routes. Additional features include a large fenced yard, one car garage, and excellent outdoor space. A rare opportunity to acquire a legal duplex in one of Guelph’s solid rental markets. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 834 sqft
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 6
Bathrooms: 2
Amenities Nearby: Park, Public Transit
Community Features: School Bus
Floor Space (approx): 834 Square Feet
Lot Depth: 91 Feet
Lot Frontage: 74 Feet
Zoning: R1B
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 2

Courtesy of: Re/Max Icon Realty

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⚠ Potential Investment Performance

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Market Price Trends

Location of 13 RIDGEWOOD Avenue, Guelph, Ontario, N1H 6C3

Lifestyle
Neighbourhood

Demographic Information of 13 RIDGEWOOD Avenue, Guelph, Ontario, N1H 6C3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,883.24

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.02 %

High school certificate or equivalent

34.67 %

Apprenticeship trade certificate/diploma

5.64 %

College/non-university certificate

19.35 %

University certificate (below bachelor)

0.49 %

University Degree

16.84 %

Commuter

Travel To Work

By Car

84.23 %

By Public Transit

5.21 %

By Walking

7.35 %

By Bicycle

0.0 %

By Other Methods

3.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.51 %

Houses

54.49 %

Own Vs. Rent