A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 986 & 1030 King St, Cambridge Ontario N3H 3K7
3 days on Market

986 & 1030 King St, Cambridge, Ontario N3H 3K7

Detached
-
-
- sqft
$2,990,000
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Detached
-
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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

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CMA Subject Property

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+7

Properties sold*

$876K

Median sold price*

*Based on last 30 days

Description

FOR SALE | 986 & 1030 KING STREET EAST, CAMBRIDGE Asking Price: $2.99 Million | RSC Expected by Mid-2026 Unlock the potential of this high-visibility corner site comprising two contiguous parcels totaling approximately 1.024 acres in one of Cambridge’s most trafficked corridors. Located at the intersection of King Street East and Westminster Drive, the site offers exceptional visual exposure, easy access to Highway 8 and Highway 401, and proximity to Cambridge Memorial Hospital, public transit, schools, and surrounding commercial and residential neighbourhoods. Zoned C1RM2 & C1C5, the property supports a wide range of commercial and mixed-use development opportunities, with the Official Plan designation of Mixed Use (including Residential) supporting long-term intensification potential. This location is ideal for retailers, developers, and investors seeking a prominent presence in the fast-growing Cambridge market.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40776651
Community NameCentral Park
Data SourceITSO
Listing byCUSHMAN & WAKEFIELD WATERLOO REGION LTD.

Features

Sewer (Municipal)

Property History

Oct 23, 2025
ListedActive
$2,990,000
3 days on market
history photo preview2
Listing by itso®

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

17 days

2023

16 days

2022

12 days

New Listings

Past 30 days

18 listings

Compared to

2024

18 listings

2023

17 listings

2022

15 listings

Units sold

Past 30 days

10 units

Compared to

2024

7 units

2023

4 units

2022

10 units

Median Sold Price

Past 30 days

$717,500

Compared to

2024

$876,000

2023

$732,500

2022

$625,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget