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. (id:12481)
MLS® Number | 40577184 |
Property Type | Agriculture |
Farm Type | Cash Crop, Other |
Basement Type | None |
Access Type | Highway Access |
Acreage | Yes |
Cleared Total | 65 Ac |
Size Total Text | 50 - 100 Acres |
Zoning Description | A |
https://www.realtor.ca/real-estate/26804824/1480-hespeler-road-cambridge
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
Ron Steenbergen
Broker