Residentiae.
For Sale · Cornerstone

1270 KING STREET EAST

Cornerstone · N3H3P8

$730,000

Bedrooms
Bathrooms
5Parking
1,848Sq Ft
2Storeys

About this residence

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. (id:61366)

Property details

Property type
Other
Style
Residential Commercial Mix
Ownership
Freehold
Storeys
2
Living area
1,848 sq ft
Lot size
0.075
Frontage
33 feet
Parking
5 spaces
Year built
1989
Annual tax
$7,240
MLS®
40803776
Board
Cornerstone
Status
Active
Listed
Feb 19, 2026
Updated
Jul 5, 2026

Features & finishes

Basement

  • Full

Exterior

  • Vinyl siding
  • Stucco

Foundation

  • Block

Lot

  • Visual exposure
  • Paved driveway

Sewer & Utilities

  • Municipal sewage system

Community

  • High Traffic Area

Financing

Mortgage calculator

Estimated monthly payment

$3,414/mo

Amortization

Loan amount

$584,000

Down payment

$146,000

Estimate only. Rates and terms vary by lender and qualification.

Powered by Lenderoo.ca

Location & area

Cornerstone

About the area

Census · N3H
24,306
Population
41
Median age
$82,000
Median income
$600,000
Median home value
62%
Home ownership
24 min
Avg. commute

Age distribution

0–14
15%
15–24
12%
25–44
28%
45–64
26%
65+
19%

Tenure

62% owners38% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 1270 KING STREET EAST?

1270 KING STREET EAST is listed for $730,000, in Cornerstone.

What type of home is 1270 KING STREET EAST?

1270 KING STREET EAST is a Other, Residential Commercial Mix set over 2 storeys, built in 1989.

How large is 1270 KING STREET EAST?

The home offers approximately 1,848 sq ft of living space on a lot measuring 0.075.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,414. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $7,240 per year.

Is there parking?

Yes — 1270 KING STREET EAST includes 5 parking spaces.

What is the Cornerstone area like?

Cornerstone has a population of about 24,306, a median age of 41, a 62% home-ownership rate, with an average commute of about 24 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $82,000.

Private viewings

Arrange a private viewing of 1270 KING STREET EAST.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

Explore more homes