986 & 1030 King Street
Cambridge, Waterloo ON N3H 3P3
$2,890,000
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
| Listing Key: | X13801694 |
|---|---|
| List Price: | $2,890,000 |
| Property Type: | Commercial |
| Property Sub Type: | Land |
| Property Status: | Active |
| Bathrooms Total Integer: | 0 |
| Tax Annual Amount: | $23,515 |
| Waterfront?: | No |
| City: | Cambridge |
| Postal Code: | N3H 3P3 |
| Basement Yn: | No |
| Building Area Total: | 1.02 |
| Building Area Units: | Acres |
| Business Type: | Other |
| Contract Status: | Available |
| Cross Street: | King St & Westminster Dr |
| Ddfyn: | Yes |
| Holdover Days: | 90 |
| Hst Application: | In Addition To |
| Inclusions: | Highway 8 and Highway 401 are minutes away. Cambridge Memorial Hospital, transit, schools, and thriving mix of residential and commercial neighbors surround the site , built-in demand that isn't going anywhere. Cambridge is booming, and corner sites like this one are getting harder to find. Developers, retailers, and investors: this is your move. Act now before this corridor's next chapter is written without you. |
| Listing Contract Date: | 2026-09-17 |
| Listing Key: | X13801694 |
| List Price Unit: | For Sale |
| Lot Depth: | 156.25 |
| Lot Size Units: | Feet |
| Lot Type: | Lot |
| Lot Width: | 324.07 |
| Status: | New |
| Original List Price: | $2,890,000 |
| Parcel Number: | 037850209 |
| Possession Details: | immd |
| Property Use: | Designated |
| Roll Number: | 300609001206100 |
| Sewer: | Sanitary+Storm |
| State Or Province: | ON |
| Tax Type: | Annual |
| Tax Year: | 2026 |
| Transaction Type: | For Sale |
| Utilities: | Available |
| Water: | Municipal |
| Zoning: | C5C1RM2, C1C5 |
| Directions: | King St & Westminster Dr |
| Possession Type: | Immediate |
| County Or Parish: | Waterloo |
| City: | Cambridge |
Listing Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing Agent:
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the IDX Program of the Toronto Real Estate Board.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Toronto Real Estate Board.
Toronto Real Estate Board data last updated on October 08, 2026 05:20 PM - ET.
Property Last Updated: October 08, 2026 05:20 PM - ET
