Prime Development Opportunity Awaits - calling all investors, renovators, developers, end-users, professionals looking for mixed use space! Positioned along one of Cambridge's fastest-growing corridors, 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. King Street East is undergoing significant intensification, with multiple mixed-use and mid-rise developments proposed nearby-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 asset 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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
160'7"48.9 m
Lot Frontage:
20'6.1 m
Direction Faces:
East
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
8
Zoning:
C1RM2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Metal
Basement:
Development Potential, Unfinished, Walk-Up, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
Yes
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,675.24 /
2025
Assessment:
$- /
-
Waterloo
Cambridge
None
Hot Water Tank ($66/month)
Washer & Dryer, Stove, Fridge/Freezer, Kitchen Island. All belongings and junk will be removed.
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