453 & 455 King Street E Cambridge, Ontario N3H 3N1

3,000 sqft
Fully Air Conditioned 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:56248)

Property Details

MLS® Number X13038760
Property Type Retail
Amenities Near By Highway
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Appliances Dryer, Freezer, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3,000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 160 Ft ,6 In
Size Frontage 20 Ft
Size Irregular Unit=20 X 160.56 Ft
Size Total Text Unit=20 X 160.56 Ft
Zoning Description C1rm2

https://www.realtor.ca/real-estate/29650820/453-455-king-street-e-cambridge

Your Favourites

 

No Favourites Found

 

THIS WEEKS OPEN HOUSES