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Pemberton Holmes Ltd.

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50 RIFE Avenue
homes for sale · Cambridge · Hillcrest/Forbes Park
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$1,049,000

50 RIFE Avenue

Hillcrest/Forbes Park, Cambridge · MLS® 40827084

545

3,000 sq ft · House · Multi-family · 171 days on market

listed by J.P. ASSADOURIAN, Re/Max Real Estate Centre Inc.

realtor's 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.

property details

type
House, Multi-family
bedrooms
5
bathrooms
4
living area
3,000 sq ft
parking
5
property tax
$5,272 / yr
days on market
171
MLS®
40827084

features

  • Crushed stone driveway
  • Laundry- Coin operated
  • Quiet Area
  • Community Centre

monthly cost

$5,010/mo
Mortgage $4,570 · Tax $439

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,570/ monthly
loan $839,200
25-year amortization
total interest
$531,918
cash to close
$209,800
down payment; transfer tax and fees not included
total paid
$1,371,118

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Hillcrest/Forbes Park, CambridgeGoogle Maps ↗

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listed by
J.P. ASSADOURIAN
Re/Max Real Estate Centre Inc.
call J.P. · 519-748-7817
Powered by: REALTOR.ca

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location

Hillcrest/Forbes Park, CambridgeGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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