<-- style PDP --> 1118 King Street, Cambridge - Building and Land for sale for $999,999
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1118 King Street

Cambridge, ON, N3H 3P6 - Preston North

$999,999

  • Neighbourhood

    Preston North

  • Major Intersection

  • Listed Since: 5 day(s)

  • Last update: today

Overview

  • Property Type

    Building and Land, Commercial Sale

  • Bedrooms

    n/a

  • Bathrooms

    n/a

  • Basement

    Full

  • Kitchen

    n/a

  • Total Parking

    15

  • Lot Size

    51.00x209 (Square Feet)

  • Taxes

    $16,063.37 (2026)

  • Type

    Commercial

Property Description

Property description for 1118 King Street, Cambridge

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. 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 60% with fully open terms (pay off anytime without penalty) for 3–5 years. Fully vacant — IMMEDIATE CLOSING AVAILABLE.

Listed by RE/MAX TWIN CITY REALTY INC.

  • MLS #

    40864072

  • Sq. Ft

    4600

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    15

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40864072

  • Sq. Ft

    4600

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    15

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 1118 King Street, Cambridge

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Mortgage Calculator

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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