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34 Ridgeway Avenue Guelph, Ontario N1L 1G9

3 Bedroom 2 Bathroom 1624.4300
Bungalow Fireplace Central Air Conditioning Forced Air

$1,599,900

If you are a firm believer in the long term value of real estate, then you may have the right vision for this property. 120 feet of frontage and an extra deep 185 foot lot in an R1B zone isn't your typical piece of land and offers a unique opportunity for future development. The recent news about the provincial government's plans to circumvent municipal zoning restrictions may take some time to implement, but will no doubt unlock additional value in land ripe for infill development and increased density. The house on this lot is well built and maintained, but doesn't currently match the potential of the dirt it sits on. However it does allow a buyer to obtain mortgage financing, and generate rental income while you wait for future value to arrive. (id:43392)

Property Details

MLS® Number 40333024
Property Type Single Family
Community Features Quiet Area
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Central Vacuum, Dryer, Refrigerator, Stove, Water Softener, Washer
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1964
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Total 2
Fireplace Type Other - See Remarks
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1624.4300
Type House
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 182 Ft
Size Frontage 119 Ft
Size Irregular 0.5
Size Total 0.5 Ac|1/2 - 1.99 Acres
Size Total Text 0.5 Ac|1/2 - 1.99 Acres
Zoning Description R1b

Rooms

Level Type Dimensions
Basement 3pc Bathroom 7'8'' x 4'7''
Basement Storage 22'9'' x 23'1''
Basement Bonus Room 6'3'' x 8'3''
Basement Recreation Room 21'9'' x 19'8''
Main Level 4pc Bathroom 6'10'' x 9'5''
Main Level Bedroom 8'9'' x 11'8''
Main Level Bedroom 10'11'' x 9'5''
Main Level Primary Bedroom 9'9'' x 12'10''
Main Level Living Room 26'5'' x 14'6''
Main Level Dining Room 17'1'' x 13'1''
Main Level Breakfast 8'5'' x 9'5''
Main Level Kitchen 13'11'' x 9'5''

https://www.realtor.ca/real-estate/24994560/34-ridgeway-avenue-guelph

Dave Neill
Salesperson

(519) 821-3600
(519) 821-3660

Coldwell Banker Neumann Real Estate Brokerage
824 Gordon Street
Guelph, Ontario N1G 1Y7

(519) 821-3600
(519) 821-3660
www.cbn.on.ca
https://www.facebook.com/ColdwellBankerNeumann