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Multi-3 UnitMLS® 40827084

50 Rife Avenue, Cambridge ON N3C 2G7

Hillcrest/Forbes Park, Cambridge, N3C 2G7

$1,049,000

5Bedrooms
4Bathrooms
3,000Sq ft
5Parking
Multi-3 UnitType
107Days on market

The home

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.

Specifications

Property details

Property type

Residential Income

Lot

60 x 124 ft

Taxes

$5,272 (annual)

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Full, Finished

Parking

5 total

Days on market

107

What's included

Features and amenities

Interior

Accessory ApartmentSeparate Hydro MetersNone

Exterior

Separate Hydro Meters

Lot

RectangularAmple ParkingDog ParkLibraryParkPlace of WorshipPlayground NearbyPublic TransitQuiet AreaRec./Community CentreSchoolsShopping NearbyTrails

Appliances

RefrigeratorStove

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by J.P. Assadourian, RE/MAX REAL ESTATE CENTRE INC., BROKERAGE (the Cornerstone Association of REALTORS®).

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.