53 COWANSVIEW ROAD, Cambridge

$199,000

For sale: Other

Other at 53 COWANSVIEW ROAD, Cambridge
Property type
Sale Of Business
MLS®
MLS® X14090790

Excellent opportunity to acquire an established, fully equipped 2,600 sq. ft. automotive repair and service business. The shop features 3 automotive lifts, a comprehensive selection of specialty tools and diagnostic scan equipment, tire service equipment, a 5 HP air compressor, engine service equipment, and extensive storage and workbench facilities. The premises offer parking for approximately 10 vehicles at the front, plus 3 additional spaces at the rear, along with prominent lighted building signage. The facility includes a customer waiting area, private office, and dedicated lunchroom. OMVIC-approved location provides an opportunity to explore used vehicle sales as an additional revenue stream. Current monthly rent is $3,594.16, including HST and TMI. The existing lease runs until July 31, 2029, with the owner willing to discuss a lease extension, subject to landlord approval and mutually acceptable terms. An excellent opportunity for an automotive technician, an existing operator looking to expand, or an entrepreneur seeking an established automotive service business. All showings by appointment through the listing representative. Please do not approach staff directly.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 273 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $670,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 26% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$670,000
Sale-to-list ratio
97.9%
Sold above asking
26%

Based on 273 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 53 COWANSVIEW ROAD