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Commercial listings / Land / For sale

868 King Street E, Cambridge, ON N3H 3P2

$1,099,000

868 King Street E, Cambridge, ON N3H 3P2, photo 1868 King Street E, Cambridge, ON N3H 3P2, photo 2868 King Street E, Cambridge, ON N3H 3P2, photo 3868 King Street E, Cambridge, ON N3H 3P2, photo 4868 King Street E, Cambridge, ON N3H 3P2, photo 5868 King Street E, Cambridge, ON N3H 3P2, photo 6
Property type
Land
Transaction
For sale
Location
Cambridge, Waterloo
Building area
0 Acres
MLS® number
X13065006

Description

Rare opportunity to acquire a cleared, shovel-ready development parcel in the heart of Preston, Cambridge's fastest-evolving transit-oriented corridor. This 20,193 sq ft (0.464 acre) corner lot delivers 133.95 ft of premium frontage on King Street East with additional exposure on Lowther St E, offering irreplaceable visibility and access. Zoned C1RM2 (Commercial / Multi-Residential) with a Mixed Use (Including Residential) Official Plan designation and Major Transit Station Area (MTSA) overlay, the site offers developers the potential of a wide variety of build options. Strategically positioned, the property is within walking distance of the planned Stage 2 ION LRT station at King Street East and Eagle Street in addition to the Preston downtown core, schools, shopping, restaurants, parks and grocery. Highway 401 access in 5 to 7 minutes; Site is currently vacant, cleared, and ready for design. Phase II ESA, Archaeological Report as well as survey available to qualified purchasers under confidentiality.

Listing brokerage: RE/MAX Real Estate Centre Inc.

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