44 Ridgeway Avenue, Guelph

Price: $1,199,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13162258

POOLS OPEN! Come enjoy summer in style at 44 Ridgeway Avenue. This tidy red-brick bungalow sits on an exceptional 90x183ft (0.35 acre) city lot offering a private slice of paradise. Spend sun-drenched days in the heated in-ground pool before unwinding in the hot tub or relaxing in the gazebo under the stars. Bathed in light, the ~15x12ft sunroom provides panoramic views of tranquil gardens and active songbirds - an enchanting sanctuary that offers a retreat from the bustle of city life. Admired since 1966, this sprawling ranch-style bungalow offers 1,355 square feet on the main floor, with four bedrooms and 1.5 bathrooms on this level. A newly created accessible living space at the front of the home includes a ~15x11 bedroom/office with powder room, mudroom, separate entrance and climate control (2025). Packed with versatility, this new space creates endless options for home businesses, home health professionals, accessibility-minded family members or an independent guest suite. The finished lower level includes an additional bedroom, separate living area, 3-piece bath and laundry in a functional setup currently used as a private nanny suite. Modern era mechanicals (furnace and A/C 2016, heat pump 2025), insulation (2025) and a metal roof (2016) make this solid home a smart addition to any investor's portfolio. 44 Ridgeway Ave is an ideal opportunity for large families and construction-minded buyers alike. This lot has been pre-approved for intensification (over 20 beds) with Urban Planner-designed development options available. Tucked away in the northernmost part of Guelph's south end, this quiet neighbourhood is just steps to walking trails, Pine Ridge park, the direct-to-University of Guelph bus stop and a 5 minute drive to the UofG Campus. Whether you plan to use the space for family, friends or bringing renovation / development dreams to life, 44 Ridgeway Ave must be seen!

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$1,199,000 - 44 Ridgeway Avenue, Guelph

Detached for Sale in Guelph

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13162258
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Guelph
Listing Brokerage
Royal LePage Royal City Realty
Description

POOLS OPEN! Come enjoy summer in style at 44 Ridgeway Avenue. This tidy red-brick bungalow sits on an exceptional 90x183ft (0.35 acre) city lot offering a private slice of paradise. Spend sun-drenched days in the heated in-ground pool before unwinding in the hot tub or relaxing in the gazebo under the stars. Bathed in light, the ~15x12ft sunroom provides panoramic views of tranquil gardens and active songbirds - an enchanting sanctuary that offers a retreat from the bustle of city life. Admired since 1966, this sprawling ranch-style bungalow offers 1,355 square feet on the main floor, with four bedrooms and 1.5 bathrooms on this level. A newly created accessible living space at the front of the home includes a ~15x11 bedroom/office with powder room, mudroom, separate entrance and climate control (2025). Packed with versatility, this new space creates endless options for home businesses, home health professionals, accessibility-minded family members or an independent guest suite. The finished lower level includes an additional bedroom, separate living area, 3-piece bath and laundry in a functional setup currently used as a private nanny suite. Modern era mechanicals (furnace and A/C 2016, heat pump 2025), insulation (2025) and a metal roof (2016) make this solid home a smart addition to any investor's portfolio. 44 Ridgeway Ave is an ideal opportunity for large families and construction-minded buyers alike. This lot has been pre-approved for intensification (over 20 beds) with Urban Planner-designed development options available. Tucked away in the northernmost part of Guelph's south end, this quiet neighbourhood is just steps to walking trails, Pine Ridge park, the direct-to-University of Guelph bus stop and a 5 minute drive to the UofG Campus. Whether you plan to use the space for family, friends or bringing renovation / development dreams to life, 44 Ridgeway Ave must be seen!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Guelph

Discover Guelph

Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Guelph

  • Convenient location in Guelph
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

44 Ridgeway Avenue, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,501

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1090/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    44 Ridgeway Avenue, Guelph — $1,199,000 | Battaglia Team