868 King Street E Cambridge, Ontario N3H 3P2
$1,399,000
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. (id:61445)
Property Details
| MLS® Number | 40824644 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 157 Ft |
| SizeFrontage | 134 Ft |
| SizeIrregular | 0.464 |
| SizeTotal | 0.464 Ac|under 1/2 Acre |
| SizeTotalText | 0.464 Ac|under 1/2 Acre |
| ZoningDescription | C1rm2 |
Utilities
| Water | Available |
https://www.realtor.ca/real-estate/29680487/868-king-street-e-cambridge
Interested?
Contact us for more information
Terry Riddoch
Broker
720 Westmount Rd.
Kitchener, Ontario N2E 2M6
Irfan Gillani
Salesperson
720 Westmount Rd.
Kitchener, Ontario N2E 2M6
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April 30 2026 07:50:47
RE/MAX Real Estate Centre Inc.