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43 WATER Street

43 WATER Street

Cambridge, Ontario

Business

$60,000

For sale: A turnkey restaurant business located at 43 Water Street North in downtown Cambridge, Ontario. This well-established and beautifully maintained Greek restaurant offers approximately 900 sq. ft. of main-floor space, plus a full basement for storage, with rent at just $1,550 per month plus utilities. The space features all-new quartz countertops, modern lighting, updated wiring, and a clean, efficient layout that’s perfect for dine-in, takeout, or delivery. Fully equipped with a True freezer (78), True refrigerator (54), Garland gas oven, Imperial deep fryer, side, 24 griddle, and 24 bar grill, 48 cool table, 3-tray hot table, industrial microwave, Maxx Ice ice maker, industrial blender, Red Bull cooler, pastry cooler, QBD drink cooler, 48 under-grill cooler with two drawers, 10-foot hood with fire suppression system, brand-new make-up air unit, 3-ton split A/C system, and a three-tub commercial sink. The business also includes three 50” TVs, security cameras, a streaming speaker system, and a Lightspeed POS system that supports online ordering and integrates seamlessly with Uber Eats, DoorDash, and SkipTheDishes. This is a rare opportunity to take over a fully functional, turnkey restaurant with a loyal local customer base and excellent downtown visibility. Whether continuing as Bacchus Greek Grill or introducing a new concept, the setup offers an exceptional foundation for success in one of Cambridge’s most vibrant areas.

Price History

Community

Postal area N1R

Population
42,928
Private dwellings
18,081
Median age
40.8
Average household size
2.5
Median household income
$77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Business in Cambridge · last 12 months

Median sold price
$678,700
Homes sold
1,253
Median days on market
19
Sale-to-list price
100.6%

Based on 1,253 recorded sales of business properties in Cambridge over the last 12 months.

Location

R

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