50 Rife Avenue
43 - Hillcrest/Forbes Park Cambridge N3C 2G7

$1,049,900
Residential Income beds: 5 baths: 4.0 3,000 sq. ft.

Main Photo: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 1: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 2: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 3: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 4: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 5: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 6: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 7: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 8: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 9: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 10: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 11: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 12: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 13: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 14: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 15: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 16: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 17: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 18: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 19: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 20: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 21: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 22: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 23: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 24: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Photo 25: 50 Rife Avenue in Cambridge: 43 - Hillcrest/Forbes Park Multi-3 Unit for sale (14 - Hespeler)  : MLS®# 40778515
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40778515
Bedrooms:
5
Bathrooms:
4
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.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
43 - Hillcrest/Forbes Park, 14 - Hespeler
Bedrooms:
5
Bathrooms:
4.0 (Full:-/Half:-)
Lot Details:
60 x 124
Lot Depth:
124'
Lot Frontage:
60'
Frontage Type:
South
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Concrete Block
UFFI:
No
Roof:
Asphalt Shing
Year Roof Replaced:
2019
Number of Storeys:
2
Number of Buildings:
0
Other Structures:
Shed(s)
Total Floor Area:
3,000 sq. ft.
Finished Area Above Grade:
3,000 sq. ft.
Fireplace:
false
Laundry Features:
Coin Operated, Shared
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
Smoke Detector,All Appliances Are Included In As-Is Working Condition.
Refrigerator, Stove
All Tenant's Belongings.
Accessory Apartment, Separate Hydro Meters, None
Separate Hydro Meters
Enclosed
false
No
Kribs Street
No
Smoke Detector, Carbon Monoxide Detector(s)
HST Applicable To Sale Price:
No
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$1,500
Insurance Expense:
$3,300
Expenses:
Actual
Heating Expense:
$600
Net Income:
$53,207.99
Leases:
Yes
Zoning:
R4
Lot Site Features:
Rectangular, Ample Parking, Dog Park, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Garage Spaces:
0.0
Parking Places Covered:
0.0
Parking:
Gravel
# Of Total Parking Spaces:
5.0
# Of Open Parking Spaces:
5.0
Driveway Parking:
Private Drive Triple+ Wide
Licensed Dwelling:
No
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
1
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
4
Listed Date:
Oct 24, 2025
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Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Data was last updated March 14, 2026 at 03:50 AM (UTC)