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Royal LePage
Royal LePage
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$1,049,900

Cambridge ON, N3C 2G7

MLS® # 40778515

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

This listing content provided by Brokers PlaybookTM

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⚠ Potential Investment Performance

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Location of 50 Rife Avenue, Cambridge, ON, N3C 2G7

Demographic Information of 50 Rife Avenue, Cambridge, ON, N3C 2G7

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$120,173.05

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.16 %

High school certificate or equivalent

31.01 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

27.31 %

University certificate (below bachelor)

0.02 %

University Degree

20.1 %

Commuter

Travel To Work

By Car

89.08 %

By Public Transit

3.42 %

By Walking

4.36 %

By Bicycle

0.0 %

By Other Methods

3.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.23 %

Houses

61.77 %

Own Vs. Rent

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