121 Hespeler Rd is a retail in Cambridge, listed for $1,049,999.
1The space benefits from strong exposure along Hespeler Road and is well suited for a variety of commercial uses.
2Residential units are accessed through separate common entrances at both the front and rear of the building.
3The property has been well maintained by the current owner and features durable full brick construction, updated building systems, and vinyl double-pane windows.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Cambridge
About 121 Hespeler Road
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.
Cambridge retail priced at $1,049,999 — book a tour to see if it fits your search.
Inside 121 Hespeler Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
121 Hespeler Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14096174$1,049,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 121 Hespeler Rd Compares to the Cambridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings440Homes for sale here right now.
Median vs prior 90 days+1.1%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 457 sales from Jul 24 – Oct 22, 2026 (374 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 121 Hespeler Rd
How much is 121 Hespeler Rd listed for?
121 Hespeler Rd is listed at $1,049,999 (MLS® X14096174). Summitly updates the price as soon as the MLS® record changes.
Has the price of 121 Hespeler Rd changed?
No — 121 Hespeler Rd is still listed at its original asking price of $1,049,999.
How many bedrooms and bathrooms does 121 Hespeler Rd have?
The listing for 121 Hespeler Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Cambridge.
How does 121 Hespeler Rd compare with other homes in Cambridge?
Its asking price of $1,049,999 is about 54% above the median sold price in Cambridge over the last 90 days, $682,500, across 457 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 121 Hespeler Rd been sold before?
Summitly has no earlier MLS® sale or lease of 121 Hespeler Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 121 Hespeler Rd?
121 Hespeler Rd is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 121 Hespeler Rd been on the market?
3 days — 121 Hespeler Rd was listed on October 19, 2026.
What is the land transfer tax on 121 Hespeler Rd?
About $17,475 in Ontario land transfer tax at the asking price of $1,049,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 121 Hespeler Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 121 Hespeler Rd?
The listing for 121 Hespeler Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cambridge.
When was 121 Hespeler Rd built?
The listing for 121 Hespeler Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
