50 Rife Avenue, Cambridge, ON, N3C 2G7

$1,049,900

MLS® # 40778515

Investment For Sale In Cambrian Hills, Cambridge, Ontario

$1,049,900

Property Information:

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.

Inclusions: Smoke Detector,All Appliances Are Included In As-Is Working Condition.

Exclusions : All Tenant's Belongings.

Building Features:

  • Floor Space: 3000 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 3000 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Hydro Meters, None
  • Laundry Features: Coin Operated, Shared
  • Lot Depth: 124 Feet
  • Lot Features: Rectangular, Ample Parking, Dog Park, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails
  • Lot Frontage: 60.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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Additional Photos