#3 250 DUNDAS Street, Cambridge - Business for Sale
#3 250 DUNDAS Street, Cambridge, Ontario, N1R8A8
Description
For over 8 years, Albert’s Doughnuts – The Bake Shop has been a beloved part of the Cambridge community — serving the loyal customers with fresh Doughnuts, baked goods, coffee, and tradition. Now, for the first time in its history, this iconic business is being offered for sale as the original owner prepares for retirement. Turn-Key Opportunity A rare opportunity to step into an already operating and profitable business with systems, equipment, recipes, and customer loyalty already in place. Exceptional Community Presence This is more than just a donut shop — it is a recognized Cambridge institution with decades of goodwill and local recognition. Proven Revenue Annual Sales: Approximately $545,000+ with a strong local following and repeat clientele developed over years of dedication. First Time Ever Offered for Sale Businesses with this kind of longevity and customer loyalty rarely become available. (id:66096)
Property Details
- MLS®
- 40833199
- Property Type
- Business
- Zoning
- C-2
- Basement
- None
- Listed
- 161 days ago
Features
- Lot Features
- Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 161 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 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $585,000, about 7.6× the local median household income of $77,000.
Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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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$585,000
Cambridge