For saleMLS® X13804164

986 & 1030 King Street, Cambridge, ON N3H 3P3

Cambridge · Near King St & Westminster Dr · View map

$7,500
1.02Sq ft
LandType
NoneParking
$23,515/yrTaxes
$7,500
FreeholdNo monthly condo fee
Lot 324.1 x 156.3 ftThe land comes with the home

About this home

FOR LEASE986 & 1030 KING STREET EAST, CAMBRIDGELease Rate: $7,500/Month | Flexible TermHigh-exposure corner site available now for lease! Two contiguous parcels, roughly 1.024 acres combined, sitting right at the busy intersection of King Street East and Westminster Drive. Maximum visibility, maximum traffic, minimum competition.Highway 8 and Highway 401 are minutes away. Cambridge Memorial Hospital, transit, schools, and a thriving mix of residential and commercial neighbours surround the site - built-in demand that isn't going anywhere.Zoned C1RM2 & C1C5, designated Mixed Use (including Residential) under the Official Plan - this site is flexible and ready for a wide range of commercial or mixed-use tenant needs, with terms open to discussion to suit the right operator.Whether you're looking to set up a flagship location, expand your footprint, or find a standout base for your business, this corner offers the kind of exposure that's tough to replicate.

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
Immediate
Cross street
King St & Westminster Dr

More

MLS® number
X13804164

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Estimated monthly cost$1,990per month, all in
  • Mortgage
  • Property tax

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.

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    986 & 1030 King Street, Cambridge, ON N3H 3P3

    Cambridge · Near King St & Westminster Dr

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    Sold history

    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.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    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 $7,500. With 20% down ($1,500), the mortgage payment would be roughly $30 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,990 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® X13804164). 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 986 & 1030 King Street at $2,890,000. 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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    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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