110A - 545 HESPELER ROAD, Cambridge

$325,000

For sale: Other

Other at 110A - 545 HESPELER ROAD, Cambridge
Property type
Sale Of Business
MLS®
MLS® X13715434

Excellent opportunity to acquire a well-established Red Swan Pizza franchise in one of Cambridge's busiest commercial corridors along Hespeler Road. Successfully operating for over six years, this turnkey location generates approximately $48,000-$50,000 in monthly sales and benefits from strong brand recognition, a loyal customer base and consistent performance. The approximately 1,225 sq. ft. premises features a fully equipped commercial kitchen, efficient operational layout, takeout counter and dine-in seating. Attractive gross rent of approximately $4,500 per month, including TMI and HST. Strategically located in a high-traffic retail corridor surrounded by major retailers, established residential neighbourhoods and excellent exposure, offering further growth potential through increased marketing, catering and delivery sales. Comprehensive training will be provided to ensure a smooth transition. An exceptional opportunity for an owner-operator or investor seeking a proven franchise in a thriving Cambridge location. Please do not go direct or speak with staff.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.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 110A - 545 HESPELER ROAD