101 - 420 MAIN STREET, Cambridge

$649,000

For sale: Other

Other at 101 - 420 MAIN STREET, Cambridge
Property type
Sale Of Business
MLS®
MLS® X13501464

Rare Opportunity To Acquire An Exceptional, Fully Turnkey Sunset Grill Franchise With High Volume Sales, Long Lease, Low Overheads & High Net Take Home Income, In One Of Cambridge's Fastest-Growing Commercial Corridors. Just About 4 Years Old Restaurant Opened In 2022, Located Within A Modern Retail Plaza. This Beautifully Designed Restaurant With A Beautiful 32 Seats Patio, Showcases Premium Leasehold Improvements, A Stylish Contemporary Interior, A Spacious And Inviting 96 Seats Dining Room, And A Fully Equipped Commercial Kitchen, Ideally Positioned On A High-Visibility Corner With Outstanding Exposure, Excellent Signage, Abundant On-Site Parking, And Consistent Traffic Generated By Surrounding Residential Communities, Schools, Major Employers, And Key Transportation Routes. Backed By One Of Canada's Most Recognized And Trusted All-Day Breakfast And Lunch Brands, This Business Benefits From Proven Operating Systems, Strong Customer Loyalty, And Exceptional Brand Recognition. An Outstanding Opportunity For an Owner-Operator, Experienced Restaurateurs, Or Investors Seeking A Premium Hospitality Business With Significant Growth Potential In A Thriving, High-Demand Market.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $679,900.

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 21% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,900
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 101 - 420 MAIN STREET