868 KING Street E Cambridge

868 KING Street E, Cambridge, Ontario

$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:23309)

    • Listing ID: 40824644
    • Property Type: Vacant Land

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    Details

    • Amenities Nearby: Public Transit, Schools
    • Community Features: High Traffic Area
    • Ownership: Freehold
    • Transaction: For sale
    • Zoning Description: C1RM2

    Building

    • BasementType: None
    • Fireplace Present: False
    • Utility Water: Municipal water

    Land

    • Access Type: Highway access
    • Amenities: Public Transit, Schools
    • Sewer: Municipal sewage system
    • Size Frontage: 134 ft
    • Size Irregular: 0.464
    • Size Total: 0.464 ac|under 1/2 acre

    This property for sale is located at 868 KING Street E in Cambridge. It was last modified on April 30th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge properties for sale.

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