About 50 Rife Avenue
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.
Features of 50 Rife Avenue
| MLS® # | 40778515 |
|---|---|
| Price | $1,049,900 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 3,000 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Multi-3 Unit |
| Status | Active |
Community Information
| Address | 50 Rife Avenue |
|---|---|
| Area | 14 - Hespeler |
| Subdivision | 43 - Hillcrest/Forbes Park |
| City | Cambridge |
| County | Waterloo |
| Province | ON |
| Postal Code | N3C 2G7 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Gravel |
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Interior Features | Accessory Apartment, Separate Hydro Meters, None |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Finished |
Exterior
| Exterior Features | Separate Hydro Meters |
|---|---|
| Lot Description | Rectangular, Ample Parking, Dog Park, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails |
| Roof | Asphalt Shing |
| Construction | Brick |
| Foundation | Concrete Block |
Additional Information
| Date Last Updated | October 29th, 2025 |
|---|---|
| Zoning | R4 |
Listing Details
| Office | RE/MAX REAL ESTATE CENTRE INC., BROKERAGE |
|---|
