164 Beverly Street, Cambridge, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Cambridge. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $164,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 111.44 x 112.68 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An excellent opportunity for a restaurateur or entrepreneur to acquire a fully built-out restaurant business in the heart of Downtown Cambridge, offering a strong foundation and significant upside for the right operator. This restaurant features a complete commercial kitchen, bar area, and 82 seats, along with a licensed patio for 60 - all included in the business sale along with all the chattels. The space is well-suited for an owner-operator looking to rebrand, reposition, or introduce a new concept without the time and cost of a full build-out. Located in a high-visibility, high-traffic downtown setting, the business benefits from steady foot traffic, surrounding residential density, and proximity to parks, offices, and ongoing downtown activity. Ideal for an experienced restaurateur, chef-owner, or concept operator seeking an affordable entry point into a desirable location with the flexibility to make it their own. With the right vision and execution, this business offers meaningful potential to unlock value and growth. Lease currently in place which will be assumed by new owner, or new lease can be put in place.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 164 Beverly Street, Cambridge, ON N1R 3Z7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $164,900 in Cambridge, the legal minimum down payment is $8,245 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,374 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,374.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.