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$499,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $166
MLS Listing ID X13038760
Annual Tax Amount $6,675
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Zoning C1RM2
Interior
Cooling Yes
Inclusions Washer & Dryer, Stove, Fridge/Freezer, Kitchen Island. All belongings and junk will be removed.
Exterior
Parking Features Lane
Community Features Major Highway
Utilities Available Yes
Building
Lot Description Unit
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Lited by RIGHT AT HOME REALTY
Schools and Properties Nearby
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