89.5 Acres/Waterloo County for Sale, Cambridge, Ontario

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89.5 Acres/Waterloo County for Sale, Cambridge, Ontario

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$4,249,000 CAD

Listing Details

Farm Type:

Bare Land

Listing Status:

Sold

Location:

1480 Hespeler Road,
Cambridge, Ontario
N3C 2V3, Canada

County:

Waterloo Regional Municipality

Total Acres:

89.5

Detailed Description

SOLD - 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.

Phil Spoelstra and Ron Steenbergen

Farm Ontario - Ontario

675 Adelaide Street North
London, ON N5Y 2L4
Canada