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

0015

MLS® 40864072

  • Property Details
  • Map

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.

Key Facts

Levels Commercial Sale
Size -
Taxes $16,063
Days Active 7
Lot Size 10323 SF
MLS® Number 40864072
Central VacNo
FireplaceNo
BasementFull

Additional Information

Zoning C2
Landscaping Irregular Lot, Airport, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Major Anchor, Public Transit, Visual Exposure

Extra Features

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

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 17, 2026List Date
$999,999List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1118 King St E, Cambridge, ON

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