Finished Basement Suite with Separate Entrance on Tree-Lined Guelph Street

Property details for 39 Ridgewood Avenue, Guelph

Type: Residential
Bedrooms: 2
Bathrooms: 1
Lot Size: 51.7 x 91 FT
Stories: 1.5
Basement: Finished, Full, Separate entrance, Walk-up, N/A, N/A, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,690

Two-storey house with 2 beds and 1 bath, sitting on a 51.7 x 91 FT lot. It's got a fully finished basement with its own walk-up entrance, a screened gazebo out back, and a fireplace if you like that sort of thing. The kitchen's been updated with stainless steel appliances and subway tile, and the living room ceiling is painted a rich green, which is a fun touch. There's a main floor rec room that could double as a home office or play space. You've got central air and forced air gas heat, plus a water softener included. Parking for 3 cars, no garage though. The backyard is partially fenced and ringed by mature trees, with several deck and patio spots for summer hangs. Location-wise, you're 2 km from downtown Guelph and the Farmers' Market, 1.1 km from two schools, and 1.8 km from Conestoga College. The house listed at $679,900, which is above the $559,900 median sold price nearby, but it's got that extra income potential from the basement suite. Taxes run about $3,690 a year. It's a solid pick for someone wanting a walkable spot with a bit of character.

About 39 Ridgewood Avenue, Guelph — Property Score

Prime Location Hot Market

Score: 70/100

Value

Priced 14.7% below area median of $796,950 based on 126 comparable properties nearby 92

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

4,705 sqft lot - a standard lot for the area 65

Location

$76K median household income - near the Canadian average of $70K 68

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

86% homeownership rate - indicating a stable, owner-occupied community 90

76% of residents commute under 30 minutes - excellent commuter accessibility 91

2,633/km² population density - a well-balanced suburban area 96

Market

Just listed - area average is 30 days on market 100

+14.4% median price change over 1 month - rising prices in the area 100

27 months of housing supply - 324 active listings with 12 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.1 spots 80

Finished, Full, Separate entrance, Walk-up, N/A, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.54% effective tax rate ($3,690/yr) - very low tax burden 84

14% renter population - primarily owner-occupied area 47

Quality

Condition

Listing

47 photos provided - 18% more than the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.