114 Rife Avenue, Cambridge, ON
Property no longer active
This property was sold on November 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $575,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 56 x 124 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
CHARMING BUNGALOW IN THE HEART OF HESPELER. Welcome to this delightful bungalow, perfectly blending charm and versatility-an excellent choice for downsizers, first-time buyers, or investors. From its inviting curb appeal to its thoughtful layout, this home is sure to impress. The main level features carpet-free living with a bright and spacious living room highlighted by a large window that fills the space with natural light. Enjoy the updated kitchen with a cozy eating area that opens to the backyard-a serene retreat with a fully fenced yard, patio, and storage shed, perfect for relaxing or entertaining. This floor also includes 3 comfortable bedrooms and a modernized 4pc bathroom. The partly finished basement offers endless potential, complete with a rear entrance walk-up. It includes a cozy recreation room, an additional bedroom, and a 3pc bathroom, making it perfect for extra living space or a guest suite. A detached 1.5-car garage and a long tandem driveway provide parking for 4+ vehicles. Recent updates include a new roof and gutters (2018), owned water softener (2023), a refreshed main floor bathroom, and new A/C (2018). Nestled in a mature family-friendly neighbourhood, this home is within walking distance of schools, and parks, and just minutes from all amenities and easy access to Highway 401.
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Property Summary
This detached home located at 114 Rife Avenue, Cambridge is currently for sale and has been available on SousaSells for 624 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 114 Rife Avenue, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- School
- Public Transit
- Library
- River/Stream
Interior Features
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 114 Rife Avenue, Cambridge, ON
Q.What is the asking price for 114 Rife Avenue, Cambridge, ON ?
The current listing price for 114 Rife Avenue, Cambridge, ON in Cambridge is $575,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 114 Rife Avenue, Cambridge, ON ?
114 Rife Avenue, Cambridge, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.
Q.What key property features does 114 Rife Avenue, Cambridge, ON offer?
Key property features include: Park, School, Public Transit, Library, River/Stream.
Q.What interior features are included in this home?
Interior highlights include: Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 114 Rife Avenue, Cambridge, ON N3C 2G7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $575,000 in Cambridge, the legal minimum down payment is $32,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,975 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.