50 Rife Avenue
Hillcrest/Forbes Park, Cambridge, ON N3C 2G7
$1,049,000
MLS® 40827084

- 5Bedrooms
- 4Bathrooms
- 3,000Sq. ft.
- 5Parking
- 179Days on market
About this property
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.
Property details
Property
- Property type
- Multi-3 Unit
- Style
- Other
- Lot size
- 60 x 124 ft
- Annual taxes
- $5,272
- Zoning
- R4
Interior
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Full, Finished
- Included
- Refrigerator, Stove
Exterior & parking
- Construction
- Brick
- Roof
- Asphalt Shing
- Foundation
- Concrete Block
- Parking spaces
- 5
- Driveway
- Private Drive Triple+ Wide
Utilities
- Sewer
- Sewer (Municipal)
- Water
- Municipal
Location
50 Rife Avenue, Hillcrest/Forbes Park, Cambridge, ON, N3C 2G7
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE. MLS® 40827084. Data provided by Information Technology Systems Ontario (ITSO), last updated May 7, 2026. Information deemed reliable but not guaranteed.
