455 King Street E Cambridge, Ontario N3H 3N1

$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:55460)

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	1,500 - 2,000 Ft2
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