For saleMLS® X14136210

B2 - 580 Hespeler Road, Cambridge, ON N1R 6J8

Cambridge · Near LANGS /HESPELER · View map

$399,000
Sale of businessType
Outside/SurfaceGarage
NoneParking
$219,933/yrTaxes
$399,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 250 x 678.5 ftThe land comes with the home

About this home

REMARKS FOR CLIENTS (2000 characters) Unique opportunity to own a well-established, money-making City Pizza franchise is now up for grabs in a prime location in the heart of Cambridge, Ontario. This is not just another pizza shop it's store with impressive sales and a loyal customer base. Store has high weekly Sales volume of approximately Average$ 14,000 to$ 15,000 a week and further opportunity to grow the sales. The strong revenue stream from day one means you're investing in a proven business model with healthy cash flow. The restaurant benefits from a central location and the current owner has built a strong base of repeat customers over the years. Attracting a steady flow of local residents and business clients, ensuring steady walk-in customers and brand visibility. Regular orders come from nearby local businesses and institutions including car dealerships, factories, schools, and even the local hospital. The business is also integrated with Uber Eats, DoorDash, Skip The Dishes. These bulk and repeat orders are a testament to the store's excellent reputation and service. When you take over, you'll inherit loyal customers who already love the product, providing you with reliable income from day one. Enjoy a low monthly rent of $3,976.78 (TMI and HST included), which keeps overhead costs down and boosts your profit margin. The business operates in a leased premises with approx 4 years remaining on the lease, plus an option to renew for 5 years. This turn-key pizza business is the opportunity for you. Don't miss this chance to take over a proven operation and make it your own!

The home

Type
Sale of business
Lot size
250 x 678.5 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$219,933/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
LANGS /HESPELER

More

MLS® number
X14136210

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Want to know something that isn’t listed?
Estimated monthly cost$19,937per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    580 Hespeler Road, Cambridge, ON N1R 6J8

    Cambridge · Near LANGS /HESPELER

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    Sold history

    Listing history for 580 Hespeler Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about B2 - 580 Hespeler Road

    Answers come straight from this home’s MLS® listing.

    How much is B2 - 580 Hespeler Road listed for, and what would it cost each month?

    B2 - 580 Hespeler Road is listed for $399,000. With 20% down ($79,800), the mortgage payment would be roughly $1,609 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $19,937 a month, all in. That figure is an illustration, not a quote.

    Is B2 - 580 Hespeler Road freehold or a condo, and is there a monthly fee?

    B2 - 580 Hespeler Road is a sale of business in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does B2 - 580 Hespeler Road have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is B2 - 580 Hespeler Road?

    B2 - 580 Hespeler Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is B2 - 580 Hespeler Road, and what is the lot size?

    The lot is listed as 250 x 678.5 ft.

    How is B2 - 580 Hespeler Road heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for B2 - 580 Hespeler Road?

    Property taxes are $219,933 a year (2025), or about $18,328 a month.

    Where is B2 - 580 Hespeler Road?

    B2 - 580 Hespeler Road is in Cambridge. The nearest main intersection is LANGS /HESPELER. The postal code is N1R 6J8.

    Is B2 - 580 Hespeler Road still for sale?

    Yes. It is an active listing (MLS® X14136210). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near B2 - 580 Hespeler Road asking?

    Similar properties for sale nearby right now include 203 - 454 Hespeler Road at $329,900, 110A - 545 Hespeler Road at $325,000 and 2 - 611 Hespeler Road at $499,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 580 Hespeler Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at B2 - 580 Hespeler Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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