455 King Street E, Cambridge, Ontario N3H 3N1 (29623959) – Team Ravi Bedi


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455 King Street E Cambridge, Ontario N3H 3N1

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

No Garage

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

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