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Pemberton Holmes Ltd.

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986 & 1030 King Street
homes for sale · Cambridge
986 & 1030 King Street — photo 1 of 2
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$2,890,000

986 & 1030 King Street

Cambridge · MLS® X13801694

1 sq ft · 1 sq ft lot · Land · Vacant Land · 36 days on market

listed by IMRAN AHMAD, RE/MAX REAL ESTATE CENTRE INC.

realtor's description

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

property details

type
Land, Vacant Land
living area
1 sq ft
lot
1 sq ft
parking
0
property tax
$23,515 / yr
days on market
36
MLS®
X13801694

monthly cost

$14,551/mo
Mortgage $12,591 · Tax $1,960

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$12,591/ monthly
loan $2,312,000
25-year amortization
total interest
$1,465,436
cash to close
$578,000
down payment; transfer tax and fees not included
total paid
$3,777,436

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

CambridgeGoogle Maps ↗

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listed by
IMRAN AHMAD
RE/MAX REAL ESTATE CENTRE INC.
call IMRAN · 416-858-2492
Powered by: REALTOR.ca

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location

CambridgeGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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