For Sale

200 Preston Parkway Unit# B-4, Cambridge, Ontario N3H 5N1

$499,999

200 Preston Parkway Unit# B-4, Cambridge, Ontario N3H 5N1 is For Sale and has a listing price of 499,999. The property is located in the Preston Heights neighbourhood . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: X12891044
  • Office Name 427 REALTY INC.
Property Description

Looking to step into the highly profitable restaurant industry? This is your chance. We are proud to present an outstanding opportunity to acquire a well-established Pizza Depot franchise. This business offers exceptional value with several key advantages. Strategically located in the vibrant Preston neighbourhood,just minutes from Highway 401 and Conestoga College, the location benefits from excellent visibility and accessibility. The area is further enhanced by close proximity to a Soccer Stadium,Four Points by Sheraton Hotel, and nearby schools, all contributing to consistent foot traffic and a strong customer base.The upcoming Light Rail expansion to Cambridge is expected to further increase accessibility and long-term growth potential.The restaurant is fully equipped with high-quality equipment,ensuring efficient and seamless operations.Pizza Depot features a diverse and popular menu, offering freshly made handcrafted pizzas along with sides such as fries, sandwiches, and desserts, appealing to a wide range ofcustomers.Financially, the business demonstrates strong performance, generating average weekly sales ofapproximately $15,000-$17,000, with significant upside potential.An added advantage is the very attractive rent of only $3,044.50 per month, inclusive of taxes, maintenance,and water. This is a true turnkey opportunity in a busy plaza surrounded by rapidly growing residential developments, benefiting from strong foot traffic and a loyal clientele.The premises aremeticulously maintained and includes all necessary chattels for smooth and immediate transition forthe new owner.Chattels list provided with offer. Inventory is not included in purchase price.Ideal for both first-time buyers and experienced operators, this opportunity comes with trainingand transition support, enabling you to start generating income from day one. The current owner is also planning to introduce an ice cream booth, adding an additional revenue stream and attracting more customers

Property Details
  • MLS ID: X12891044
  • Bathrooms: 2
  • Price: $499,999
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12891044
  • Year Built: N/A
  • Dir / Cross St: Shantz Rd And Preston Pkwy
  • Status: Active
  • Tax Year: 2026
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
03/17/2026 X12891044 $499,999 For Sale - -
10/13/2023 40499193 $435,000 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Preston Heights
  • $662,971 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 62 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.84 % Up
  • Sold (12mo) 45
  • Rented (12mo) 38

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
  • 47 Walk Score
    Car-Dependent
  • 42 Transit Score
    Some Transit
  • 35 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    83.11%
  • Commercial
    2.81%
  • Condo
    14.07%
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Plaza
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 17/03/2026 14:49:23
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