REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
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
State 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
Lited by RIGHT AT HOME REALTY
Nearby Locations