50 RIFE Avenue, Cambridge, Ontario, N3C2G7
MLS: 40827084 | Triplex (Freehold)
$1,049,000
Property Description
ATTENTION INVESTORS AND THOSE LOOKING FOR A MULTI-GENERATIONAL HOME. THIS WELL MAINTAINED TRIPLEX WITH AN ADDITIONAL ACCESSORY LOFT APARTMENT IS CONVENIENTLY LOCATED IN BEAUTIFUL OLD HESPELER IN A QUIET AREA CLOSE TO SHOPPING, PUBLIC TRANSPORTATION, PARKS AND WALKING TRAILS. ALWAYS FULLY RENTED WITH GREAT TENANTS, THIS PROPERTY HAS HAD MANY UPDATES OVER THE YEARS INCLUDING, PLUMBING, ELECTRICAL, WINDOWS, FURNACE AND ROOF AND EACH UNIT HAS THEIR OWN HYDRO METER. A NEWLEY CREATED COIN OPPERATED LAUNDRY ROOM HAS JUST BEEN COMPLETED FOR EVEN MORE POTENTIAL INCOME AND 3 OF THE 4 UNITS HAVE RECENTLY BEEN COMPLETELY RENOVATED. WHETHER YOU WANT TO ADD TO YOUR RENTAL PORTFOLIO OR NEED A LARGE HOME FOR YOUR MULTI-GENERATIONAL FAMILY, THIS PROPERTY WILL CHECK ALL THE BOXES!LAUNDRY ROOM JUST INSTALLED FOR EXTRA INCOME! DON'T DELAY CHECKING OUT THIS GREAT PROPERTY TODAY! FINANCING OPTIONS AVAILABLE.
Quick Facts
- Property Type: Triplex (Freehold)
- Bedrooms: 5
- Bathrooms: 4
- Living Area: 3,000 sq ft (278.7 m²)
- Above Grade: 3,000 sq ft (278.7 m²)
- Ownership: Freehold
- Attached: Yes
- Parking: 5.0 spaces
- Frontage: 60 ft (18.3 m)
Costs
- Annual Taxes: $5,272.01
Listing Provided by: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Finished, Full
Exterior & Construction
- Exterior: Brick
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 60 ft (18.3 m)
- Features: Crushed stone driveway, Laundry- Coin operated
- Zoning: R4
Community & Neighbourhood
- Community: Quiet Area, Community Centre
- Subdivision: 43 - Hillcrest/Forbes Park
Listing Information
Listing History
MLS listing activity for 50 RIFE Avenue, Cambridge, Ontario, N3C2G7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Neighborhood Walkability
Mortgage & Cost Calculators
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50 RIFE Avenue, Cambridge, Ontario, N3C2G7