453 & 455 King Street E, Cambridge, ON

$499,000

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About 453 & 455 King Street E

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.

Features of 453 & 455 King Street E

MLS® # X13038760
Price $499,000
Bathrooms 0.00
Type Commercial
Sub-Type Store W Apt/Office
Status Active Under Contract

Community Information

Address 453 & 455 King Street E
Area Waterloo
City Cambridge
Province ON
Postal Code N3H 3N1

Amenities

Parking Spaces 2
Garages Lane
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Yes
Fireplace No

Listing Details

OfficeRIGHT AT HOME REALTY

Listing Map