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Investment signal

$449,900

6 Lynn

Beds

6

Baths

2

Sqft

Year

1959

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Discover the perfect blend of small-town tranquility and generous living space in this beautifully maintained 1,200 sq. ft. ranch. Nestled in a quiet rural Ontario community, close proximity to Ridgetown Campus - University of Guelph this home offers the peaceful lifestyle you’ve been dreaming of without sacrificing modern conveniences.Step inside to a bright and functional floor plan featuring three spacious bedrooms on the main floor.The fully finished basement with separate secure entrance has high ceilings, 3 additional bedrooms and a modern 3 piece bath (potential rental income, agriculture students pay $500-$600 per room per month) with light housekeeping (small kitchen appliances) and shared laundry. This property is just under 1/2 acre in size with potential for an additional dwelling unit and features ample parking (6-8 cars). Enjoy the very private backyard from a large deck featuring a beautiful Rhododendron and massive Magnolia tree that provides a burst of springtime colour. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Common interest
Freehold
Living area
1,200 square feet
Lot dimensions
135 X irregular / 0.478 AC
Bedrooms
3 above grade, 3 below grade
Stories
1
Fireplace
1
On market
Apr 13, 2026
Status changed
Apr 14, 2026
Zoning
Res
Photos
32
MLS#
26007844
Area
RIDGETOWN

Features and systems

Parking

Carport

Appliances

RefrigeratorDishwasherStoveOvenDryerCooktop

Heating

Forced airNatural gasFurnace

Cooling

Central air conditioning

Exterior

Aluminum/Vinyl

Flooring

LaminateCeramic/Porcelain

Foundation

Concrete

Lot

Paved drivewaySide Driveway
Positive cash flow ~$78/mo at these assumptions

Cash on cash

1.04%

Cap rate

6.10%

GRM

11.4

Break-even rent

$3,218

Financing

Down payment$89,980
Loan amount$359,920
Mortgage$2,208/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$206
Insurance$80
Maintenance$375
CapEx reserve$187
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ridgetown. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,208/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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