3 Bedroom
2 Bathroom
1500 - 2000 sqft
Central Air Conditioning
Forced Air
$549,000
Prime Development Opportunity Awaits - calling all investors, renovators, developers, end-users, professionals looking for mixed use space! Over 3,000 sq ft across 3 levels, positioned along one of Cambridge's fastest-growing corridors with the bus at your doorstep, 453 King St E offers exceptional mixed-use potential in a high-visibility location. Zoned C1RM2, this property supports a wide range of commercial and residential uses, with strong upside for investors and developers alike. Downtown Cambridge and King Street East is undergoing significant intensification, with multiple mixed-use and mid-rise developments proposed and also the Cambridge LRT extension/development reflecting the City's broader push toward higher-density, transit-supportive growth and vibrant main street communities. The property presents an excellent value-add opportunity, with potential to renovate into a 3-unit income-generating units and explore laneway garage development. Central Air. Separate hydro meters. Double Car parking at rear. Separate basement walk-up entrance. Surrounded by established amenities, transit, and quick access to Highway 8 and the 401, this location continues to attract both residential and commercial demand in a rapidly evolving market. Property being sold as-is, floorplan attached. (id:50617)
Property Details
|
MLS® Number
|
X13015056 |
|
Property Type
|
Multi-family |
|
Equipment Type
|
Water Heater |
|
Features
|
Lane |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Appliances
|
Dryer, Freezer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Features
|
Walk-up, Separate Entrance |
|
Basement Type
|
N/a (unfinished), N/a, N/a |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1500 - 2000 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
160 Ft ,7 In |
|
Size Frontage
|
20 Ft |
|
Size Irregular
|
20 X 160.6 Ft |
|
Size Total Text
|
20 X 160.6 Ft |
|
Zoning Description
|
C1rm2 |
https://www.realtor.ca/real-estate/29623959/455-king-street-e-cambridge