1 / 5
Investment signal

$99,000

J - 500 CAN-AMERA PARKWAY

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Excellent opportunity to acquire a turnkey takeout restaurant, successfully operating since 2020. Strategically located in a prime area near a Gurudwara and Muslim community center, with convenient access to Highway 401. The business benefits from strong visibility, ample on-site parking, and a loyal, established customer base.Currently fully operational, the restaurant generates steady income through dine-in/takeout service, along with tiffin services and catering operations. Affordable rent of $2,600 per month, including TMI and HST, makes this an attractive and sustainable investment opportunity. (id:65958)

Subtype
Business
Lot dimensions
Bldg=20 x 70 FT
On market
Apr 11, 2026
Status changed
Apr 13, 2026
Annual tax
$0
Zoning
Commercial
Photos
5
MLS#
X12986624
Area
CAMBRIDGE

Features and systems

Appliances

MicrowaveFreezer

Heating

Hot water radiator heatNatural gas

Cooling

Fully air conditioned
Positive cash flow ~$1,545/mo at these assumptions

Cash on cash

93.64%

Cap rate

24.62%

GRM

3.4

Break-even rent

$774

Financing

Down payment$19,800
Loan amount$79,200
Mortgage$486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$45
Insurance$80
Maintenance$83
CapEx reserve$41
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $486/mo at 5.49% with 20% down, 25-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 13, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.