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.
For sale
C$1,049,000
50 Rife Ave, Cambridge, ON N3C 2G7
5beds
4baths
3,000sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$350/sqft
C$-- HOA
What's special
Quiet area
- 151 days
- 4
- 0
Zillow last checked:
Listing updated:
Listed by:
J.P. Assadourian, Salesperson,
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Source: ITSO,MLS®#: 40827084Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove
- Laundry: Coin Operated, Shared
Features
- Accessory Apartment, Separate Hydro Meters, None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
Property
Parking
- Total spaces: 5
- Parking features: Gravel, Private Drive Triple+ Wide
- Uncovered spaces: 5
Features
- Patio & porch: Enclosed
- Exterior features: Separate Hydro Meters
- Frontage type: South
- Frontage length: 60.00
Lot
- Size: 7,440 Square Feet
- Dimensions: 60 x 124
- Features: Rectangular, Ample Parking, Dog Park, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails
Details
- Additional structures: Shed(s)
- Parcel number: 037630037
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Brick
- Foundation: Concrete Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: C$350/sqft
- Annual tax amount: C$5,272
- Date on market: 5/7/2026
- Inclusions: Carbon Monoxide Detector, Smoke Detector, All Appliances Are Included In As-Is Working Condition.
- Exclusions: All Tenant's Belongings
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | C$1,049,000C$350/sqft |
Source: ITSO #40827084 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Hespeler Village
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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