868 King Street E, Cambridge, Ontario

$1,099,000

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0.46

Acres

About 868 King Street E

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:6289)

More Info on this 52 - Preston North MLS® listing

868 King Street E is a listing for sale in Cambridge. The MLS® number is 40824644. It's currently listed for $1,099,000. For more details on MLS® 40824644, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 52 - Preston North is available now!

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Features of 868 King Street E

Listing # 40824644
Price $1,099,000
Acres 0.46
Type Vacant Land

Community Information

Address 868 King Street E
Subdivision 52 - Preston North
City Cambridge
Province Ontario
Postal Code N3H3P2

Amenities

Utilities Water
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement None

Exterior

Lot Description 0.464

Additional Information

Zoning C1RM2

Listing Details

Listing Map

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