121 HESPELER Road

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: class="container" id="details-container",199,999
• Bedrooms: 6
• Bathrooms: 5
• Interior size: 3,375 sqft
• Year built: 1950
• Parking: 10
• Listing key: 29344585

Listing overview

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...