5 - 1001 LANGS DRIVE, Cambridge

$199,000

For sale: Other

Other at 5 - 1001 LANGS DRIVE, Cambridge
Property type
Sale Of Business
MLS®
MLS® X13549932

Incredible opportunity to own a turnkey Pizza & Wings business in Cambridge . Situated in a busy plaza just minutes from rapidly growingresidential developments, this business benefits from strong foot traffic, and a loyal local customer base. Pizza Fiamma is a well-established,fully equipped restaurant offering takeout, delivery, and dine-in potential. The space is meticulously maintained and includes pizza ovens, deepfryers, prep tables, walk-in cooler, and all chattels required to continue operations seamlessly. With a proven sales history, excellent plazavisibility, and ample parking, this is a perfect opportunity for first-time entrepreneurs or experienced operators looking to expand. Training andtransition support will be provided, allowing you to step in and start generating revenue from day one

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.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 5 - 1001 LANGS DRIVE