For Sale: 50 Rife Avenue, Cambridge, ON - REW
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$1,049,000
5 bd • 4 ba • 3000 sf • Multifamily
50 Rife Avenue
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$1,049,000
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50 Rife AvenueCambridge, ON, N3C 2G7

  • 5 Bed
  • 4 Bath
  • 3000 Sqft
  • Multifamily

About this home

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.
Listed by: J.P. ASSADOURIAN, RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Home facts and features

Price details
List Price
$1,049,000
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Gross Taxes for 2026
$5,272
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
5
Parking Details
Gravel
Property Type
Multifamily
Lot Size
60 ft x 124 ft (7440 ft²)
Depth
124.0
Frontage
60.0
Heating Type
Forced Air,Natural Gas
Basement Details
Full,Finished
Features
Accessory Apartment, Carbon Monoxide Detector, Carbon Monoxide Detector(s), Coin Operated, Separate Hydro Meters, Shared, Smoke Detector
Appliances
All Appliances Are Included In As-is Working Condition.
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Listing details
Days on REW
34 Days
MLS® Number
40827084
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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3.99%

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Property Insights

Our Lady of Fatima Catholic Elementary School
  • Catholic
  • JK - 8
Hillcrest Public School
  • Public
  • JK - 6
Woodland Park Public School
  • Public
  • JK - 8
Hespeler Public School
  • Public
  • JK - 8
St Elizabeth Catholic Elementary School
  • Catholic
  • JK - 8
Centennial (Cambridge) Public School
  • Public
  • JK - 6
St Gabriel Catholic Elementary School
  • Catholic
  • JK - 8
Silverheights Public School
  • Public
  • JK - 8
Jacob Hespeler Secondary School
  • Public
  • 9 - 12
ÉÉC Saint-Noël-Chabanel-Cambridge
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
J.P. ASSADOURIAN
Phone:
(519) 748-7817
Cell:
519-748-7817
Office:
519-623-6200
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