69 Main 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 $129,999 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 3 Bathrooms
- Premium 63.81 x 96.43 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
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.!
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Pricing & Value Insights
Data-driven valuation for 69 Main Street, Cambridge, ON N1R 1V6
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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 $129,999 in Cambridge, the legal minimum down payment is $6,500 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 $1,025 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 $1,025.
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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.