1480 Hespeler Road, Cambridge

$4,249,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #40577184
Price$4,249,000
Bathrooms0.00
TypeFarm
Sub-TypeAgricultural No Res
StatusActive
Community Information
Address1480 Hespeler Road
Area14 - Hespeler
CityCambridge
CountyWaterloo
ProvinceON
Postal CodeN3C 2V3
Subdivision

44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights

Exterior
Lot DescriptionHighway Access
Additional Information
Days on Market18
Listing Details
Office

RE/MAX CENTRE CITY PHIL SPOELSTRA REALTY, BROKERAGE

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