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Andrew Di Matteo

andrew.dimatteo@engelvoelkers.com +1(416) 886-0411

$ 2,890,000

Est. payment -/mo

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Active

986 & 1030 King ST Cambridge, ON N3H 3P3

1 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $2,890,000

MLS Listing ID X13801694

Annual Tax Amount $23,514

Tax Year 2026

Property Sub-Type Land

Property Description

986 & 1030 KING STREET EAST, CAMBRIDGE Asking Price: $2.99 Million | RSC Expected Late-2026A rare opportunity to secure a premier corner assembly in one of Cambridge's busiest and fastest-growing corridors! This offering brings together two contiguous parcels approximately1.024 acres in total , at the high-profile intersection of King Street East and Westminster Drive, delivering outstanding visibility and traffic exposure that's hard to come by in this market. The site benefits from quick, convenient access to both Highway 8 and Highway 401, putting it firmly on the radar for commuters and commercial traffic alike. It's also just minutes from Cambridge Memorial Hospital, public transit routes, schools, and a strong mix of surrounding residential and commercial neighbourhoods the kind of location that keeps demand steady well into the future. Zoned C1RM2 & C1C5 and designated Mixed Use (including Residential) under the Official Plan, this property is primed for a wide range of commercial and mixed-use development, with real long-term intensification upside. Whether you're a developer looking to shape the next chapter of this corridor, a retailer wanting a flagship presence, or an investor eyeing a growth market, this assembly checks all the boxes. With Cambridge continuing to see strong population growth and infrastructure investment, opportunities like this a scale, corner-exposure site ready for redevelopment , don't come around often. Don't miss your chance to be part of what's next for this corridor. FOR SALE

Location

Province ON

County Waterloo

Area Waterloo

Zoning C5C1RM2, C1C5

Interior

Inclusions Highway 8 and Highway 401 are minutes away. Cambridge Memorial Hospital, transit, schools, and thriving mix of residential and commercial neighbors surround the site , built-in demand that isn't going anywhere. Cambridge is booming, and corner sites like this one are getting harder to find. Developers, retailers, and investors: this is your move. Act now before this corridor's next chapter is written without you.

Exterior

Utilities Available Available

Building

Lot Description Lot

Lited by RE/MAX REAL ESTATE CENTRE INC.

NEARBY SCHOOLS & PROPERTIES

Andrew Di Matteo

Advisor License ID: 9537451

+1(416) 886-0411

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