
101 & 102 - 454 HESPELER Road
Cambridge, Ontario
3,181 sqft • Other
Prime **3,181 sq. ft. retail space** available on busy Hespeler Rd in a well-established commercial plaza. **Dollar store exclusivity** included; other retail uses may be permitted . Plaza features a strong tenant mix including restaurants, tutoring centre, grocery store, pharmacy, diagnostic center, dentist, optometrist, and physiotherapy clinic, generating steady foot traffic. **C4 zoning** allows for a wide range of retail and service-based businesses. The plaza consists of **three freestanding buildings totaling approx. 80,000 sq. ft.** with **301 ft of frontage** on Hespeler Rd and exposure to approximately **50,000 vehicles daily**. Excellent visibility, convenient access to transit and amenities, minutes from **Cambridge Centre Indoor Shopping Mall**, and close to **Highway 401 (Ontario)**. Rare opportunity in a high-traffic commercial corridor.
Price History
Schools
Elementary
- Blue Heron Public School1 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 School1.1 km
Public · Waterloo Region DSB · 370 students
- ÉÉC Saint-Noël-Chabanel-Cambridge1.1 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 School2.3 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
- Preston High School3 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% 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
Retail 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 retail properties in Cambridge over the last 12 months.
Location
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