$1,049,999
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121 Hespeler Road, Cambridge on N1R 3G9, Cambridge, ON N1R 3G9

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6 Beds
5 Baths
2,546 Sq Ft

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.

Listing By: Chris Wehrle - Bosley Real Estate Ltd. cnitso Realty.com
  • MLS® 40872600
  • Date Listed10/19/2026
  • Days on Realty 17 Days
  • Bedrooms 6
  • Bathrooms 5 baths
  • Lot Size 9,149 sq. ft
  • County Waterloo
  • Year Built 1950
  • Square Feet 2,546 sq. ft
  • Price Per Sq. Ft $412.41

Interior Features

  • Appliances Dryer, Refrigerator, Stove, Washer
  • Cooling Other, None
  • Heating Radiant

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 9,149.00
  • Lot Features City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N1R 3G9

Discover key demographics, population statistics, and environmental insights for the Cambridge, ON area.

Walkability in ON / N1R 3G9

Source: Walk Score

64/100

Somewhat Walkable

Walk Score ®

51/100

Good Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

Transit Summary

12 nearby routes: 12 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 31/100, Bike Score: 43/100.

Points of Interest near 121 Hespeler Road, Cambridge ON N1R 3G9, Cambridge, ON N1R 3G9

Frequently Asked Questions for 121 Hespeler Road, Cambridge ON N1R 3G9

Source: Realty.com

121 Hespeler Road, Cambridge ON N1R 3G9, Cambridge, ON N1R 3G9 in Cambridge, ON N1R 3G9 is a multi family listed at $1,049,999. Highlights include 6 bedrooms, 5 bathrooms, 2,546 sq. ft., built in 1950, $412 per sq. ft.. Realty.ca has 5 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 5 photos of 121 Hespeler Road, Cambridge ON N1R 3G9.

Our records indicate that 121 Hespeler Road, Cambridge ON N1R 3G9 was built in 1950.

The full address for this home is 121 Hespeler Road, Cambridge ON N1R 3G9, Cambridge, ON N1R 3G9.

121 Hespeler Road, Cambridge ON N1R 3G9 has been listed on Realty.com since Mon October 19, 2026

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 31/100, Bike Score: 43/100.

Listing provided courtesy of: Bosley Real Estate Ltd. (tel: 226-314-1600)
Listing agent: Chris Wehrle (tel: 226-314-1600)

This content last refreshed on 2026-11-05 11:45:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.