986 & 1030 King Street photo 1
986 & 1030 King Street photo 2

986 & 1030 King Street

Cambridge, ON N3H 3P3

ActiveFor Sale
0 Beds
0 Baths
1 Sq Ft
Land

About This Property

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

Property Details

StatusActive
Property TypeLand
Listing TypeFor Sale
Interior Size1 sq ft
Bedrooms0
Bathrooms0
Taxes (2026)$23,515
Postal CodeN3H 3P3
Last UpdatedOct 29, 2026 · 10:43 a.m.

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TRREB MLS® Attribution

MLS® X13801694

Listed by RE/MAX REAL ESTATE CENTRE INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,890,000

asking price

MLS®X13801694
TypeLand
CityCambridge
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$14,112

/month · $2,312,000 mortgage

Down Payment20% — $578,000
Interest Rate5.5%

Amortization

Total Interest

$1,921,675

Total Cost

$4,233,675

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX REAL ESTATE CENTRE INC.