#2 611 Hespeler Road, Cambridge - Business for Sale
#2 611 Hespeler Road, Cambridge, Ontario, N1R6J3
This business in Cambridge is for sale. It has been on the market 37 days, fresher than the Cambridge average of 57 days.
Description
Exceptional opportunity to own Afghan Flavour at 611 Hespeler Rd, Unit 2, Cambridge! This well-established restaurant is ideally situated in a highly desirable location with excellent visibility and plenty of parking. Featuring modern restaurant equipment only approximately 2 years old, this turnkey operation is ready for its next owner. A fantastic opportunity to step into a beautifully equipped restaurant and build on an established presence in the community. Prime location, modern setup, ample parking, and endless possibilities don't miss this exciting opportunity! (id:66096)
Property Details
- MLS®
- X13835592
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C4
- Lot Size
- 165 × 337 ft (1.27 acres)
- Frontage
- 165 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $33,033.6/yr
- Listed
- 37 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 37 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge has been listed for 37 days, which is 20 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $499,000, about 6.5× the local median household income of $77,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$499,000
Cambridge