1118 KING Street E
Cambridge, Ontario
MLS® 40864072
$999,999
- Status
- Active
- Property type
- Retail
- MLS® number
- 40864072
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 36Listing description
VTB possible. Turnkey ready freestanding commercial building with approx. 4,600 sq.
ft. total, located in the heart of downtown Cambridge (Preston) within 10 minutes to Hwy 401 and Hwy 24! Situated on a high-exposure corridor directly across from LCBO with over 20,000 vehicles passing daily!
Ideal for retail, food service, or general commercial uses (previously operated as a 60-seat family restaurant). Features dual municipal addresses (1118 & 1122 King St E) with the ability to add a center partition wall to create two separate commercial units with individual entrances. C6 zoning allows for future opportunity to build residential units on top!
Space features a fully fitted bar, 16-ft commercial kitchen hood, walk-in cooler, and 3 main floor washrooms. Unfinished full-size basement provides extensive storage space with a 4th washroom. Extensive capital UPDATES include roof (2025), commercial flooring (2026), furnace (2026), and commercial toilets (2026).
Rear parking for approx. 15 vehicles with easy service and equipment access. All chattels and equipment included!
VTB 1st mortgage available up to 60% with fully open terms (pay off anytime without penalty) for 3–5 years. Fully vacant — IMMEDIATE CLOSING AVAILABLE.
Property summary
- MLS® number
- 40864072
- Property type
- Retail
- Building type
- Retail
- Square footage
- 4,600 sq ft
- Title
- Freehold
- Annual property taxes
- $16,063.37
- Parking
- 15 spaces
- Days on market
- 3 days
Features & details
- Basement
- Full
- Lot features
- Visual exposure
- Community features
- High Traffic Area
What would this home cost you?
Based on the $999,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX TWIN CITY REALTY INC., CAMBRIDGE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.