53 Cowansview Road

Cambridge, N1R 7L2

$199,000

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Listed 3 days ago · MLS® X14090790

About this home

Excellent opportunity to acquire an established, fully equipped 2,600 sq. ft. automotive repair and service business. The shop features 3 automotive lifts, a comprehensive selection of specialty tools and diagnostic scan equipment, tire service equipment, a 5 HP air compressor, engine service equipment, and extensive storage and workbench facilities. The premises offer parking for approximately 10 vehicles at the front, plus 3 additional spaces at the rear, along with prominent lighted building signage. The facility includes a customer waiting area, private office, and dedicated lunchroom. OMVIC-approved location provides an opportunity to explore used vehicle sales as an additional revenue stream. Current monthly rent is $3,594.16, including HST and TMI. The existing lease runs until July 31, 2029, with the owner willing to discuss a lease extension, subject to landlord approval and mutually acceptable terms. An excellent opportunity for an automotive technician, an existing operator looking to expand, or an entrepreneur seeking an established automotive service business. All showings by appointment through the listing representative. Please do not approach staff directly.

Details

Type
Sale Of Business
Garage
Covered
Municipality
Cambridge

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Available

Building and exterior

Building area
2,600 Square Feet

More

Possession
Flexible
Cross street
Franklin Blvd and Bishop St
Business type
Automotive Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

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

Within a 10-minute walk: 2 grocery stores, 6 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Gibson's NoFrills (250 m). Nearest park: Clochmohr Park (350 m).

Schools nearby

Elementary

  • St. Margaret Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 43%
    14 min walk
  • Christ The King Catholic Elementary School Catholic
    EQAO: Gr 6 reading 71%, math 34%
    14 min walk
  • Elgin Street Public School
    EQAO: Gr 6 reading 81%, math 46%
    18 min walk
  • Clemens Mill Public School
    EQAO: Gr 6 reading 78%, math 35%
    1.3 km

Secondary

  • St. Benedict Catholic Secondary School Catholic
    EQAO: Gr 9 math 52%, literacy test 90%
    8 min walk

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: 16 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 ROYAL STAR REALTY INC..

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

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