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868 KING Street E, Cambridge, Ontario, N3H 3P2

MLS® # 40824644
Vacant Land For Sale In Central Park, Cambridge, Ontario
$1,299,000

None Beds

Cleared land parcel situated at a corner intersection, featuring direct street frontage on two sides - 868 King Street E, Cambridge, ON
Expansive land parcel featuring existing paved sidewalks and mature trees in the background - 868 King Street E, Cambridge, ON
Expansive urban lot featuring a mix of concrete and grass areas, bordered by a brick building and a public sidewalk - 868 King Street E, Cambridge, ON
Expansive cleared lot offering significant street frontage - 868 King Street E, Cambridge, ON
Expansive corner lot featuring direct road frontage on two sides - 868 King Street E, Cambridge, ON
Cleared lot with direct street access, surrounded by established commercial and residential properties - 868 King Street E, Cambridge, ON
Cleared land parcel situated at a corner intersection, featuring direct street frontage on two sides - 868 King Street E, Cambridge, ON
Expansive land parcel featuring existing paved sidewalks and mature trees in the background - 868 King Street E, Cambridge, ON
Expansive urban lot featuring a mix of concrete and grass areas, bordered by a brick building and a public sidewalk - 868 King Street E, Cambridge, ON
Expansive cleared lot offering significant street frontage - 868 King Street E, Cambridge, ON
Expansive corner lot featuring direct road frontage on two sides - 868 King Street E, Cambridge, ON
Cleared lot with direct street access, surrounded by established commercial and residential properties - 868 King Street E, Cambridge, ON
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868 KING Street E, Cambridge, Ontario, N3H 3P2
$1,299,000

Property Information:

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:27)

Building Features:

  • Basement Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Access Type: Highway access
  • Amenities Nearby: Public Transit, Schools
  • Community Features: High Traffic Area
  • Irregular: Yes
  • Lot Depth: 157 Feet
  • Lot Frontage: 134 Feet
  • Lot Size: 0.46 Acres
  • Utility Type: Water - Available
  • Zoning: C1RM2
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

REALTOR.ca  

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Location of 868 KING Street E, Cambridge, Ontario, N3H 3P2

Demographic Information of 868 KING Street E, Cambridge, Ontario, N3H 3P2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$98,285.12

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.7 %

High school certificate or equivalent

33.48 %

Apprenticeship trade certificate/diploma

7.07 %

College/non-university certificate

27.37 %

University Degree

15.39 %

Commuter

Travel To Work

By Car

87.55 %

By Public Transit

4.56 %

By Walking

3.42 %

By Bicycle

0.0 %

By Other Methods

4.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.37 %

Houses

58.63 %

Own Vs. Rent

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