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Home ON Kitchener - Cambridge - Waterloo Cambridge City Core
40 MAIN STREET
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40 MAIN STREET $1,750,000
$1,750,000
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40 MAIN STREET
Cambridge, Ontario N1R1V4

MLS® Number: X8444614
3
Bathrooms
4300
Square Feet

Listing Description

Welcome to 40 Main Street. This incredible investment opportunity offer 3 income streams with a potential 4th (main floor can be divided into 2 separate units instead of one because the building offers both front and rear entrances). With a fully equipped and operating main floor unit store ""The Healthy Rabbit"" which can seat 12 in and 25 out + 2 separate fully remodelled residential units, each offering 1 bed, 1 bath, separate entrance, private laundry, separate heating/cooling and separate hydro meters ! Located in the heart of Cambridge in the highly sought out and desirable store and tenant access. The Healthy Rabbit can be purchased and assumed with menu and staff in addition to the building! A fantastic business that boasts a menu focusing on both sustainability from local farmers while serving healthy and delicious dishes. Not only can you get this amazing business, but it you will also get 2x, 1-bedroom units fully equipped and tenanted. This building that was fully renovated from top to bottom in 2021 is located in a prime location, offering easy access to the local community, businesses and all amenities. The property is equipped with ample parking spaces for both residents and customers. This is an excellent opportunity for anyone looking to generate passive income while owning a well established restaurant. **** EXTRAS **** Residential Unit 201 & 301 pay their own utilities (separate meters). Business only pays for its own Utilities. (35491837)

Location Description

Water St S

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
4300 sqft
Land Size
Bldg=14.4 x 170.28 FT ; 141.92ftx14.40ftx170.28ftx14.36ftx28.3
Annual Property Taxes
$4,231.41
Time on REALTOR.ca
159 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Storm sewer
Water
Municipal water
Business
Business Name
The Healthy Rabbit
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
4300 sqft
Exterior Building Size
4300 sqft

Land

Lot Features
Frontage
14 ft ,4 in
Land Depth
170 ft ,3 in
Other Property Information
Zoning Description
FC1RM1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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