69 MAIN STREET, Cambridge

$129,999

For sale: Other

Other at 69 MAIN STREET, Cambridge
Property type
Sale Of Business
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® X13531326

Excellent opportunity to own a well-established, independent restaurant business in the heart of Downtown Cambridge. Business only - real property not included. No franchise fees or royalties. Licensed with an LCBO liquor licence, offering seating for approximately 21 guests indoors and an additional 15 seats on the patio. Gross monthly rent, including TMI, is approximately $3,550. The business is currently operating on a month-to-month lease, and the landlord is open to negotiating a new long-term lease with the qualified buyer, subject to landlord approval. This is a turnkey opportunity with excellent exposure, ideal for owner operators or entrepreneurs looking to establish or expand their restaurant business.!

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 49, across 267 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $679,900.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 27% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$679,900
Sale-to-list ratio
98.0%
Sold above asking
27%

Based on 267 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 69 MAIN STREET