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 $149,900 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.
Excellent opportunity to own a well-established and highly reputed Fish & Chips restaurant in a prime Hespeler location. Approximately 900 sq. ft. with affordable gross monthly rent of approximately $3,600 including TMI & HST. Situated in a high-traffic commercial plaza at the intersection of Jamieson Parkway and Townline Road, just seconds from Highway 401, offering excellent visibility, easy access, ample parking, and strong daily traffic. The plaza is anchored by Tim Hortons, Petro-Canada, and is surrounded by major retailers including McDonald's, Food Basics, RBC Royal Bank, LCBO, Shoppers Drug Mart, and Home Hardware. The location is also minutes from several hotels, including Hilton Garden Inn, Cambridge Hotel & Conference Centre, Best Western Plus, Comfort Inn, and Four Points by Sheraton, making it well-positioned to serve travellers, local residents, and the surrounding business community. The business benefits from a loyal customer base, a dense surrounding residential population, and an established catering clientele serving nearby commercial and industrial businesses. The current tenant has landlord approval to add Shawarma to the menu, and the landlord has permitted the purchaser to obtain an LLBO licence (licence not currently in place), providing excellent growth potential. Continue the successful existing concept or rebrand to your own vision. Please do not go direct or speak to staff. All showings by appointment only.
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Data-driven valuation for 900 Jamieson Parkway 7, Cambridge, ON N3C 4N6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $149,900 in Cambridge, the legal minimum down payment is $7,495 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 $1,224 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 $1,224.
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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.