30 Glamis Road, 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 $220,000 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
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Jolly Mart Convenience Store in Cambridge, ON is For Sale. Located at the busy intersection of Glamis Rd/Elgin St N, High Traffic Area and Popular Neighbourhood Convenience. Surrounded by fully residential neighbourhood, schools, close to Hospitals and more. Excellent Business with Great Sales, Low Rent, Long Lease and more. There is lot of potential for business to grow even more. Excellent Convenience Store Business with strong weekly sales, low operating costs, and excellent potential for future growth. Opportunity to add a Vape Store to further increase revenue. Well-established business operating for years in a busy location. Weekly Sales: Approx. $9,000-$9,500. Sales Mix: 75% Grocery, 25% Tobacco. Lotto Commission: Approx. $1,000/month. Additional Income from ATM ($500/month) and Bitcoin ($300/month). Rent: $4,369/month including TMI & HST. Approx. 1,500 Sq. Ft. Great opportunity for an owner-operator or investor looking to grow an already successful business.
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Pricing & Value Insights
Data-driven valuation for 30 Glamis Road 7, Cambridge, ON N1R 7H5
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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 $220,000 in Cambridge, the legal minimum down payment is $11,000 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 $1,925 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 $1,925.
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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.