UNIT 1 - 40 DUNDAS ST S UNIT 1, Cambridge

$139,999

For sale: Other

Other at UNIT 1 - 40 DUNDAS ST S UNIT 1, Cambridge
Property type
Sale Of Business
MLS®
MLS® X13750890

Prime Dundas Street South location in Cambridge! Excellent opportunity to acquire a turnkey, established halal Mediterranean restaurant for $140,000. Situated in a freestanding two-unit commercial building shared with a pizza shop, the restaurant offers seating for approximately 24 guests and nearly 30 shared parking spaces. Sale includes goodwill, brand, established customer base, and owned restaurant equipment and chattels, subject to the final approved list. Current rent is $2,897.96 per month, including HST and TMI; utilities are extra. A new lease and landlord approval will be required, with a slight rent increase anticipated. Asset sale only; corporation, real estate and inventory are not included. Please do not approach the staff or visit the business without a confirmed appointment.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 307 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $679,000.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,000
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cambridge

Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.

Rated schools
46
Elementary
38
Secondary
8
Average rating
5.6 / 10

Top-rated schools in Cambridge

  • Islamic School of Cambridge — elementaryFraser rating 10.0/10
  • Ontario Muslim Academy — elementaryFraser rating 10.0/10
  • Mother Theresa — elementaryFraser rating 7.5/10
  • Père-René-de-Galinée — secondaryFraser rating 7.2/10
  • St Margaret — elementaryFraser rating 7.2/10
  • Parkway — elementaryFraser rating 6.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near UNIT 1 - 40 DUNDAS ST S UNIT 1