868 King Street E, Cambridge, Ontario N3H 3P2 (29680487) – Team Ravi Bedi


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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:50617)

Property Details

MLS® Number 40824644
Property Type Vacant Land
Amenities Near By Public Transit, Schools
Community Features High Traffic Area

Building

Basement Type None
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 157 Ft
Size Frontage 134 Ft
Size Irregular 0.464
Size Total 0.464 Ac|under 1/2 Acre
Size Total Text 0.464 Ac|under 1/2 Acre
Zoning Description C1rm2

Utilities

Water Available

https://www.realtor.ca/real-estate/29680487/868-king-street-e-cambridge

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