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50 Rife Avenue, Cambridge, ON, N3C 2G7

MLS® # 40595239
Investment For Sale In Cambrian Hills, Cambridge, Ontario
$1,149,900
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
50 Rife Avenue, Cambridge, ON
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50 Rife Avenue, Cambridge, ON, N3C 2G7
$1,149,900

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 UNIT 3 IS IN THE PROCESS OF A COMPLETE RENOVATION AND IS CURRENTLY VACANT FOR AN OWNER OCCUPANT OR A GREAT NEW TENANT. EACH UNIT PAYS THEIR OWN HYDRO. 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! DON'T DELAY CHECKING OUT THIS GREAT PROPERTY TODAY! FINANCING OPTIONS AVAILABLE.

Inclusions: Carbon Monoxide Detector,Smoke Detector

Exclusions : All Tenant's Belongings

Building Features:

  • Floor Space: 3000 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 3000 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, None
  • Laundry Features: None
  • Lot Depth: 124 Feet
  • Lot Features: Rectangular, Ample Parking, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby, Trails
  • Lot Frontage: 60.00 Feet
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 50 Rife Avenue , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 50 Rife Avenue , experiences 11 significant 2-day storms per year, with about 318.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 393.2mm of precipitation per year.

Precipitation Per Storm

Past
318.2mm
2050
393.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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