1118 KING Street, Cambridge, ON N3H 3P6
Cambridge · Near KING ST E / DOLPH ST S · View map
About this home
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 55% with fully open terms (pay off anytime without penalty) for 3-5 years. Fully vacant - IMMEDIATE CLOSING AVAILABLE.
The home
- Type
- Commercial retail
- Square footage
- 4600 sq ft
- Lot size
- 51 x 209 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $16,063/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- IMMEDIATE
- Cross street
- KING ST E / DOLPH ST S
More
- MLS® number
- X13798228
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1118 KING Street, Cambridge, ON N3H 3P6
Cambridge · Near KING ST E / DOLPH ST S
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Listing history for 1118 KING Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1118 KING Street
Answers come straight from this home’s MLS® listing.
How much is 1118 KING Street listed for, and what would it cost each month?
1118 KING Street is listed for $899,999. With 20% down ($180,000), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,969 a month, all in. That figure is an illustration, not a quote.
Is 1118 KING Street freehold or a condo, and is there a monthly fee?
1118 KING Street is a commercial retail in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1118 KING Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 1118 KING Street?
1118 KING Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1118 KING Street, and what is the lot size?
The lot is listed as 51 x 209 ft.
How is 1118 KING Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 1118 KING Street?
Property taxes are $16,063 a year (2026), or about $1,339 a month.
Where is 1118 KING Street?
1118 KING Street is in Cambridge. The nearest main intersection is KING ST E / DOLPH ST S. The postal code is N3H 3P6.
Is 1118 KING Street still for sale?
Yes. It is an active listing (MLS® X13798228). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1118 KING Street asking?
Similar properties for sale nearby right now include 868 King Street E at $1,099,000, 1 - 170 Vondrau Drive at $899,999 and 503 Main Street at $799,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1118 KING Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1118 KING Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: RE/MAX TWIN CITY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.