200 PRESTON PARKWAY, Cambridge

$399,999

For sale: Other

Other at 200 PRESTON PARKWAY, Cambridge
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13674128

This is your chance to own a well-established Pizza Depot franchise in a prime, high-traffic location! Strategically situated in the vibrant Preston neighbourhood, just minutes from Highway 401 and Conestoga College, this turnkey operation benefits from excellent visibility, accessibility, strong foot traffic and a loyal customer base. The restaurant is fully equipped with quality chattels and offers Pizza Depot's popular menu of handcrafted pizzas, sides, sandwiches, fries and desserts. The business reports impressive average weekly sales of approximately $13000, with significant potential for further growth. An exceptionally attractive monthly rent of only $3,044.50, inclusive of taxes, maintenance and water, adds tremendous value to this opportunity.Lease term until June 30, 2027, with two additional 5-year extension options. A rare combination of strong sales, low occupancy cost, prime location, established franchise presence and future growth potential. Chattels list to be provided with an offer. Inventory is not included in the purchase price. Ideal for both first-time buyers and experienced operators, the opportunity includes training and transition support to help the new owner get started immediately.Do not miss this excellent turnkey business opportunity!

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 41, across 352 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.

The median sale price was $679,900.

Homes sold for about 1.6% below asking on average, so there was room to negotiate.

About 32% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$679,900
Sale-to-list ratio
98.4%
Sold above asking
32%

Based on 352 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 200 PRESTON PARKWAY