Room 1
Level not provided
50 Rife Avenue
Hillcrest/Forbes Park, Cambridge, ON N3C 2G7
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40827084
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $5,272
- Size
- 3000 sqft
- Lot
- 60.00 × 124 ft
- Parking
- 5 Parking
Listing History
Listing activity for 50 Rife Avenue, Cambridge, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,049,000 | N/A | For Sale | 40827084 |
Property Details
Property
- Property Type
- Multi-3 Unit
- Style
- Other
- Community
- Hillcrest/Forbes Park
- Municipality
- Cambridge
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Basement Type
- Full, Finished
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air, Natural Gas
Building
- Size
- 3000 sqft
- Construction
- Brick
Parking
- Driveway
- Private Drive Triple+ Wide
- Add. Parking
- 5
- Total Parking
- 5
Land
- Sewer
- Sewer (Municipal)
- Lot Size
- 60.00 × 124 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shing
- Extras
- Refrigerator, Stove
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
15 records read 8 on record nearby 7 checked, none on recordRead 2026-11-07
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m5 test or monitoring holes also recorded.
- Groundwater recorded about 5.7 m below ground nearbyThe middle water level in the well records within 500 m (23 records). It changes with the season and from spot to spot.
- Bedrock about 15.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 5.7 km
Province of Ontario open data
Around the home
- Nearest rail line: 790 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Anchor Danly Co. — Cambridge, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by GrandBridge Energy Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, EH!Tel, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,809
- Down payment$209,800
- Mortgage amount$839,200
- Total interest$603,500
- Total cost$1,652,500
Cash flow analysis
$4,809
Total monthly payment
$5,248
Break-even down payment
100%
Cash flow-$5,248
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,049,000
$1,049,000
CAD
Estimate unavailable
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