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$1,199,999
Ontario,Cambridge
For Sale Active
121 HESPELER ROAD, Cambridge, Ontario N1R3G9
  • 2,546 Sqft
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Basic Details
Description

Rare mixed-use investment opportunity on a major arterial in Cambridge. 121 Hespeler Road is a purpose-built, full brick, two-storey property offering an ideal blend of residential income and commercial flexibility. The building consists of three one-bedroom residential apartments, one two-bedroom residential apartment, and a ground-floor commercial unit suitable for office or retail use, with the potential to be converted into

a one-bedroom residential unit, subject to approvals. This configuration makes the property particularly attractive for an owner-occupant seeking to operate a business while earning rental income, or for investors looking to enhance residential density. The commercial unit will be vacant on possession, providing an excellent opportunity for professionals, retailers, service-based businesses, or investors seeking a live-work configuration or residential conversion. The space benefits from strong exposure along Hespeler Road and is well suited for a variety of commercial uses. Residential units are accessed through separate common entrances at both the front and rear of the building. The property has been well maintained by the current owner and features durable full brick construction, updated building systems, and vinyl double-pane windows. The building includes ten on-site parking spaces, offering excellent functionality for both residential and commercial occupants. Current residential rents provide stable in-place income with clear opportunity for future optimization, while the vacant commercial unit presents additional income or conversion potential. Dual zoning (C2 Commercial and RM4 Residential) supports continued mixed-use operation and enhances long-term flexibility. Whether for an investor seeking diversified income or an owner-occupant looking to offset business occupancy costs with residential rental revenue, 121 Hespeler Road represents a compelling and versatile opportunity in a high-visibility Cambridge location. (id:59439)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12771878
  • Price: $1,199,999
  • Square Footage: 2,546 Sqft
  • Status: Active
  • Office Name: Bosley Real Estate Ltd.
  • Property Sub Type: Retail
  • Office Key: 300496
Features & Appliances
Features
  • Heating System: Radiator
  • Cooling System: None
  • Sewer: Storm sewer
Address Map
  • Location: CA, Ontario, Cambridge, N1R3G9
  • Street: Hespeler
  • Street Number: 121
  • Street Suffix: Road
  • Longitude: W81° 40' 53.1''
  • Latitude: N43° 22' 39.7''
Additional Information
  • Water Source:
  • Business Type: Service
  • Lot Features:
  • Lot Size Dimensions: 61 x 152 FT
Financial
  • Tax Annual Amount: 7199
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Listing updated: 2026-07-12 00:35:20
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Listing Information
  • List Agent Key: 2135651
  • List Office Key: 300496
  • Modification Timestamp: 2026-05-24T23:30:38Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-05-24T23:23:13Z
Powered by REALTOR.ca
Listing updated: 2026-07-12 00:35:21
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