5 - 940 JAMIESON PARKWAY, Cambridge

$170,000

For sale: Other

Other at 5 - 940 JAMIESON PARKWAY, Cambridge
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13749190

Excellent Franchise Opportunity in Prime Cambridge Location! Secure this beautifully built and established Burrito franchise location with no franchise fee and no royalty, offering a significant advantage for the new operator. Situated in a high-traffic plaza surrounded by major anchor businesses including Tim Hortons, Petro-Canada, multiple restaurants, and a variety of service-based businesses, providing excellent visibility and steady customer traffic.The location generates approximately $24,000 in gross monthly sales and features an attractive monthly rent of approximately $4,743. Take advantage of the established brand, turnkey setup, and prime location without the added cost burden of franchise fees or ongoing royalties. Full franchisor support and training will be provided to the new tenant, making this an excellent opportunity for both experienced operators and first-time entrepreneurs. Don't miss this opportunity to take over a well-established franchise location in a growing Cambridge 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $679,000.

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 19% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,000
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 - 940 JAMIESON PARKWAY