15 - 900 JAMIESON PARKWAY, Cambridge

$199,000

For sale: Other

Other at 15 - 900 JAMIESON PARKWAY, Cambridge
Property type
Sale Of Business
MLS®
MLS® X13537278

Prime opportunity to acquire a fully equipped restaurant in a high-visibility location just off Highway 401 at Exit 286 in Cambridge. The unit is located in a busy retail plaza along side established brands such as Tim Hortons and Hilton Hotels & Resorts. This 1,629 sq. ft. space offers strong exposure, ample on-site parking, and consistent traffic flow. It is suitable fora wide range of food concepts, with no direct restaurant competition of the same type permitted within the plaza. The restaurant previously operated as an Indian concept. It is fully outfitted with modern dining furniture, display fixtures, and a commercial-grade hood system. This allows for a seamless turnkey transition. LLBO licensing is also available, enhancing its appeal for both dine-in and takeout operations.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.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 15 - 900 JAMIESON PARKWAY