For sale

C$1,049,900

50 Rife Ave, Cambridge, ON N3C 2G7

5beds

4baths

3,000sqft

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Multi-3 Unit, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

C$350/sqft

C$-- HOA

What's special

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.

48 days

6

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Refrigerator, Stove
Laundry: Coin Operated, Shared

Features

Accessory Apartment, Separate Hydro Meters, None
Basement: Full,Finished
Has fireplace: No

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft
Finished area above ground: 3,000

Property

Parking

Total spaces: 5
Parking features: Gravel, Private Drive Triple+ Wide
Uncovered spaces: 5

Features

Patio & porch: Enclosed
Exterior features: Separate Hydro Meters
Frontage type: South
Frontage length: 60.00

Lot

Size: 7,440 Square Feet
Dimensions: 60 x 124
Features: Rectangular, Ample Parking, Dog Park, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails

Details

Additional structures: Shed(s)
Parcel number: 037630037
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-3 Unit, Multi Family

Materials

Brick
Foundation: Concrete Block
Roof: Asphalt Shing

Condition

51-99 Years
New construction: No

Utilities & green energy

Sewer: Sewer (Municipal)
Water: Municipal

Community & HOA

Community

Security: Smoke Detector, Carbon Monoxide Detector(s)

Location

Region: Cambridge

Financial & listing details

Price per square foot: C$350/sqft
Annual tax amount: C$5,272
Date on market: 10/25/2025
Inclusions: Smoke Detector, All Appliances Are Included In As-Is Working Condition.
Exclusions: All Tenant's Belongings.

J.P. Assadourian, Salesperson

(519) 623-6200

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