Salehian.com 647-325-5000

164 Beverly Street

Cambridge, N1R 3Z7

$124,999

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Listed 19 days ago · MLS® X13850116

About this home

An excellent opportunity for a restaurateur or entrepreneur to acquire a fully built-out restaurant business in the heart of Downtown Cambridge, offering a strong foundation and significant upside for the right operator. This restaurant features a complete commercial kitchen, bar area, and 82 seats, along with a licensed patio for 60 - all included in the business sale along with all the chattels. The space is well-suited for an owner-operator looking to rebrand, reposition, or introduce a new concept without the time and cost of a full build-out. Located in a high-visibility, high-traffic downtown setting, the business benefits from steady foot traffic, surrounding residential density, and proximity to parks, offices, and ongoing downtown activity. Ideal for an experienced restaurateur, chef-owner, or concept operator seeking an affordable entry point into a desirable location with the flexibility to make it their own. With the right vision and execution, this business offers meaningful potential to unlock value and growth. There is a lease currently in place and will be assumed by the new owner, or a new lease can be put in place.

Details

Type
Sale Of Business
Lot
111.44 × 112.68 ft
Garage
None
Property tax
$14,835 (2025)
Municipality
Cambridge

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
3,750 Square Feet

More

Possession
30-60 days
Cross street
Dundas St N and Beverly St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 7 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: Food Basics (800 m). Nearest park: Soper Park (150 m).

Schools nearby

Elementary

  • St. Anne Catholic Elementary School Catholic
    EQAO: Gr 6 reading 68%, math 27%    9 min walk
  • Manchester Public School
    EQAO: Gr 6 reading 89%, math 37%    13 min walk
  • Central Public School
    EQAO: Gr 6 reading 90%, math 38%    15 min walk
  • St. Peter Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 57%    1.4 km

Secondary

  • Galt Collegiate and Vocational Institute
    EQAO: Gr 9 math 68%, literacy test 83%    17 min walk
  • St. Andrew's Public School Catholic2.1 km
  • Glenview Park Secondary School
    EQAO: Gr 9 math 53%, literacy test 85%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N1R

Owners / renters
59% / 41%
Median household income
$77,000
Average age
42
Children under 15
16%
Homes
46% detached, 10% high-rise
Commute by transit
5%
Population
42,928

Languages spoken most at home besides English: Portuguese 3.3%, Gujarati 1.5%, Urdu 1%, Spanish 0.7%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 18 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by TRI-CITY GOLD REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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