986 & 1030 King Street, Cambridge, ON N3H 3P3
Cambridge · Near King St & Westminster Dr · View map
About this home
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
The home
- Type
- Land
- Square footage
- 1.02 sq ft
- Lot size
- 324.1 x 156.3 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $23,515/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- immd
- Cross street
- King St & Westminster Dr
More
- MLS® number
- X13801694
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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.
986 & 1030 King Street, Cambridge, ON N3H 3P3
Cambridge · Near King St & Westminster Dr
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Listing history for 986 & 1030 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 986 & 1030 King Street
Answers come straight from this home’s MLS® listing.
How much is 986 & 1030 King Street listed for, and what would it cost each month?
986 & 1030 King Street is listed for $2,890,000. With 20% down ($578,000), the mortgage payment would be roughly $11,657 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,617 a month, all in. That figure is an illustration, not a quote.
Is 986 & 1030 King Street freehold or a condo, and is there a monthly fee?
986 & 1030 King Street is a land 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 986 & 1030 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 986 & 1030 King Street?
986 & 1030 King Street is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 986 & 1030 King Street, and what is the lot size?
The lot is listed as 324.1 x 156.3 ft.
What are the property taxes for 986 & 1030 King Street?
Property taxes are $23,515 a year (2026), or about $1,960 a month.
Where is 986 & 1030 King Street?
986 & 1030 King Street is in Cambridge. The nearest main intersection is King St & Westminster Dr. The postal code is N3H 3P3.
Is 986 & 1030 King Street still for sale?
Yes. It is an active listing (MLS® X13801694). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 986 & 1030 King Street asking?
Similar properties for sale nearby right now include 79 Elgin Street N at $2,300,000, 204 E Samuelson Street E at $2,299,000 and 2155 Main Street at $3,500,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 986 & 1030 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 986 & 1030 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 REAL ESTATE CENTRE 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.