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Listed price in listed location currency (CAD).
$999,999

0015

MLS® 40864072

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $16,063
Days Active 37
Lot Size 10323 SF
Approx. Age 
MLS® Number 40864072

Property Address: 1118 King St E, Cambridge, ON, N3H3P6

Average square foot calculated using Size range provided by listing agent.

Description

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 60% with fully open terms (pay off anytime without penalty) for 3–5 years. Fully vacant — IMMEDIATE CLOSING AVAILABLE.
MLS® Number40864072
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C

Extras

All Existing Commercial Chattels, Fixtures, Bar Fixtures, And Equipment On Site As-Is.

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $999,999

Commercial storefront with a bright orange facade,
For Sale · 37 days

$999,999

MLS® 40864072

A month ago

Not Sold Yet

September 2026, For Sale for $999,999

Commercial storefront with a bright orange facade,
For Sale · 37 days

$999,999

MLS® 40864072

A month ago

Not Sold Yet

May 2026, Withdrawn for $265,000

Withdrawn · 246 days

$265,000

MLS® X12366065

6 months ago

Canceled on May 1, 2026

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