G203 - 450 HESPELER Road
Cambridge, Ontario
1,505 sqft • Office
Welcome to Unit G203 at 450 Hespeler Road – an exceptional leasing opportunity with high visibility and exposure for your business! This 1,505 sq. ft. shell unit on 2nd floor, is located in the heart of Cambridge’s thriving business district, just minutes from Highway 401. Ideal for a wide range of professional uses such as real estate, law, accounting, mortgage, consulting, employment services, travel, IT, insurance, and more. Strategically situated directly across from Cambridge Park Mall and surrounded by major banks, national tenants, and essential amenities, this location benefits from high foot traffic and excellent accessibility. Public transportation is steps away, and Cambridge Centre Mall is just minutes down the road. The property is part of a busy commercial plaza comprising three freestanding buildings totaling approximately 80,000 sq. ft., at an intersection that sees roughly 50,000 vehicles per day (Region of Waterloo). This ensures outstanding visibility and branding potential for your business. Please note: Taxes have not yet been assessed by MPAC. The unit is delivered in shell condition. Tenant is responsible for leasehold improvements and obtaining necessary approvals from the City.
Price History
Schools
Elementary
- Blue Heron Public School1.1 km
Public · Waterloo Region DSB · 400 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 42% met the provincial standard
- William G Davis Public School1.5 km
Public · Waterloo Region DSB · 370 students
- ÉÉC Saint-Noël-Chabanel-Cambridge1.5 km
French Catholic · CS catholique MonAvenir · 265 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 67% met the provincial standard
Secondary
- St Benedict Catholic Secondary School1.9 km
Catholic · Waterloo CDSB · 1955 students
Grade 10 literacy: 90% met the provincial standard
- Jacob Hespeler Secondary School2.4 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
- Galt Collegiate and Vocational Institute3.1 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Office in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of office properties in Cambridge over the last 12 months.
Location
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