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Investment signal

$499,000

208 BEVERLY STREET

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Beds

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Baths

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Sqft

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Year

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Type

Business

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cambridge. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Turnkey opportunity to own an established automotive repair and body shop in a prime AAA location in Cambridge. This profitable and well established business is offered for sale without property and is being sold in as is condition with all equipment included. The premises offer approximately 7,000 square feet in total, including about 5,000 square feet of repair shop space on the main floor and approximately 2,000 square feet on the second floor. The repair shop features 6 service bays with 4 hoists, allowing multiple vehicles to be serviced efficiently at the same time, along with a 2 bay body shop dedicated to dent repair and paint work. The main level also includes 2 washrooms, 1 lunchroom, 1 private office, and a welcoming main entrance. Additional income is generated through outside parking and storage charged at $85 per day to customers or insurance companies when applicable. The second floor consists of 8 residential units, with 5 units currently leased generating approximately $3,000 per month in rental income, while 3 units are occupied by the owner, and all 8 units have the potential to be leased to further increase revenue. The monthly lease for the entire premises is $13,680 including TMI and HST. This is an excellent opportunity for an owner operator or investor to acquire a fully equipped, income producing automotive business with multiple revenue streams and strong growth potential in Cambridge. (id:65958)

Subtype: Business
Living area: 7,000 square feet
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $0
Zoning: M3
Photos: 13
MLS#: X13023570
Area: CAMBRIDGE

Features and systems

Parking

Other

Heating

Other

Cooling

Partially air conditioned

Negative cash flow ~$580/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.98%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,111

Financing

Down payment$99,800

Loan amount$399,200

Mortgage$2,023/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$416

CapEx reserve$208

Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,023/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.