121 Hespeler Road Cambridge, Ontario N1R 3G9

3802 sqft

$1,199,999

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. 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. 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 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:43681)

房源概要

MLS® Number 40803619
房源类型 Other
附近的便利设施 医院, 公共交通, 学校
社区特征 High Traffic Area
特征 Visual Exposure, 铺设车道

详 情

地下室类型 Full
外墙 砖 Veneer
地基类型 混凝土浇筑
储存空间 2
Size Exterior 3801.7600
内部尺寸 3802 Sqft
类型 Residential Commercial Mix
设备间 市政供水

土地

入口类型 Highway Access
英亩数
土地便利设施 医院, 公共交通, 学校
污水道 城市污水处理系统
土地深度 150 Ft
土地宽度 61 Ft
规划描述 C2 & Rm4

https://www.realtor.ca/real-estate/29339353/121-hespeler-road-cambridge