6 Beds
5 Baths
2,546 SqFt
6 Beds
5 Baths
2,546 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,546 sqft
Price per Sqft $471
MLS Listing ID 40804238
Bedrooms 6
Abv Grd Liv Area 3,375
Year Built 1950
Annual Tax Amount $7,199
Property Sub-Type Multi-5 Unit
Source Cornerstone
Property Description
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.
Location
Province ON
County Waterloo
Area 13 - Galt North
Zoning C2 & RM4
Rooms
Other Rooms None
Basement Full, Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Radiant
Cooling Other, None
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry Coin Operated, Shared
Exterior
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 61.11
Lot Depth 150.08
Garage No
Building
Lot Description City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 037950165
Ownership Freehold/None
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