
1270 KING Street
Cambridge, Ontario
1,848 sqft • Other
Prime opportunity in the heart of Cambridge Preston Downtown—a high-exposure location surrounded by established businesses, steady pedestrian traffic, and a full range of amenities. This solid 1989-built commercial building offers approximately 1,850 sq. ft. of total above ground space and is zoned C2RM3, allowing for Commercial, Residential, or Mixed-Use applications. It’s an excellent fit for investors, business owners, or those seeking a flexible live-work configuration. Previously used as a dental lab, the property is now vacant and ready for customization, providing an adaptable footprint for retail, office, studio, service business, or a new owner’s tailored vision. The main floor features an open-concept layout with one washroom, ideal for retail or client-facing operations. The second floor includes three rooms and one washroom, suitable for office suites, treatment rooms, or potential residential conversion. The basement offers additional storage space with a bathroom rough-in, adding further development potential. Recent updates include: • Roof (2019) • Furnace (2020) • Water Softener (2019) • Three main-floor windows repaired (two at the front entrance and one facing the rear parking area) & New electric Panel (2022) * Air conditioner Unit (2023). The property also provides ample rear parking, a valuable advantage in the downtown core. With its strategic downtown location, strong zoning flexibility, and adaptable interior layout, this property presents an exceptional opportunity for a wide range of commercial or mixed-use uses in one of Cambridge’s most vibrant and growing districts. Property is being sold in As-Is condition.
Price History
Property
- Lot Size
- 0.07 acres
Schools
Elementary
- Grand View Public School0.4 km
Public · Waterloo Region DSB · 250 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 39% met the provincial standard
- St Michael Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard
- Preston Public School0.9 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
Secondary
- Preston High School1.3 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- Galt Collegiate and Vocational Institute3.6 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- St Benedict Catholic Secondary School3.9 km
Catholic · Waterloo CDSB · 1955 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of other properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$146,000
Estimated Monthly Payment
$3,586
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,586/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $183/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?