$899,999
( $360.00Per Sq Foot )
 $4,831 est/mo Sourced by Back At You

1118 King Street,Cambridge, ON N3H 3P6

Cambridge, ON N3H 3P6

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Description

VTB possible. Turnkey ready freestanding commercial building with approx. 2,500 sq. ft. on the main level plus 2,100 sq. ft. unfinished basement, 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. 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 (over $100k) 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 55% with fully open terms (pay off anytime without penalty) for 3-5 years. Fully vacant - IMMEDIATE CLOSING AVAILABLE.

Details

MLS #X13798228
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site55
Listing Provided ByRE/MAX TWIN CITY REALTY INC. | X13798228 360902

Features

SQ Feet2,500
Acreage0.06

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount16063
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN3H 3P6
Listing VS Median (in N3H 3P6)
Price:
$899,999
low | high
Med:
$899,999
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$360
low | high
Med:
$360
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN3H 3P6
Listing VS Median (in N3H 3P6)
Price:
$899,999
low | high
Med:
$899,999
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$360
low | high
Med:
$360
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.124M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1118 King Street E Property Photo 1
$899,999
1118 King Street E
Cambridge, ON N3H 3P6
1156 King Street E Property Photo 1
$949,000
1156 King Street E
Cambridge, ON N3H 3P6
Listing Updated: November 7, 2026 at 3:49:39 PM PST