Description

Location, Location, Location!! Opportunity to own office in prime location of Cambridge. This office is located on 450 Hespler Road, very accessible by Car, bus and close to Hwy 401. Nearly all business are located on Hespeler Road. Subject property is a shell unit and buyer can built it as per their needs. Good space to build offices for service industry, options includes: Lawyers office, Accountant office, Any consultancy business, Mortgage, Real Estate, Employment agency, IT services, Travel Agency and many more. Unit is 1505 Sqft, lots of Day light and windows. Located on 2nd floor, accessible through stairs and Elevator. (id:66096)

Property Details

MLS®: X13688398
Property Type: Office
Zoning: C4 (Commercial)
Interior Size: 1,505 ft²
Heating: Forced air
Cooling: Fully air conditioned
Property Tax: $4,608.41/yr
Listed: 78 days ago

Market Timing

Days on market

78d

Cambridge listings, avg age

57d

Price / ft²

$425

List price

$640K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (N1R)

This home lists at $639,900, about 8.3× the local median household income of $77,000.

Carrying it typically needs a household income of about $124,995 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$639,900· $425/ft²

For sale

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Financing

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#G203 450 Hespeler Road, Cambridge - Office for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1R)

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