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Last Updated : 834 Days ago
1480 Hespeler Rd, Cambridge, Ontario,

1480 Hespeler Rd, Cambridge MLS Number: X8283950

Cambridge, Waterloo, ON, N3C 2V3

$4,249,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $10418.51 (Tax Year:2023)
  • Listing Courtesy : Re/max Centre City Phil Spoelstra Realty, Brokerage

1480 Hespeler Rd Property Description

89.5 acres within the City Limits of Cambridge Ontario sitting just outside the Urban Growth Boundary. This property is currently zoned agricultural and is full of future potential as the Tri-City area seeks significant expansion. Situated on the main thoroughfare of Hespeler Road it offers fantastic access to Cambridge, Guelph, and the 401 corridor. The lands offer 65-67 acres cleared of which just over 50 acres are leased to a farmer for crops. The remaining 23-25 acres are wooded. The topography includes gently rolling hills, mature trees and a pond also making this a stunning estate property to build a dream home. The buildings currently on the property include a reclad bank barn, shop/garage space, and a residential house. The house has been converted into an assisted living residence that is leased to a longer-term commercial tenant which has been fantastic. If you are looking for an investment that offers long-term potential, this property is it.

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1480 Hespeler Rd Property Facts

Property Type :Commercial
MLS Number :X8283950
Listing Type :Sale
Possession Date :
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Last Updated :01 May, 2024 (834 Days ago)
Source :TRREB
Area :Waterloo
Postal Code : N3C 2V3
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1480 Hespeler Rd Property Price & Tax Insights

Price : $4,249,000
Property Taxes :$10418.51
Tax Year :2023

1480 Hespeler Rd, Cambridge Property Details

Cross Street :From Hwy 401, Take Regional Road 24 N And Continue North For Approximately 4.7Km And The Property Will Be On The Left Side Of The Road.

1480 Hespeler Rd, Cambridge - Price History

2024-05

01 May, 2024

TREB #X8283950

Available

$4249000.0

1480 Hespeler Rd - Location Map and Landmarks

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