Primary photo of 453 AND 455 KING STREET E, Cambridge
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Multi-family For Sale

$549,000

MLS® Number: X13015056

Bedrooms

3

Bathrooms

2

453 AND 455 KING STREET E, Cambridge, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Stove, Dryer, Freezer

Basement

Unfinished, Separate entrance, Walk-up, N/A, N/A, N/A

Bathrooms Partial

1

Bathrooms Total

2

Bedrooms Total

3

Cooling

Central air conditioning

Heating

Forced air, Natural gas

Building & Exterior

Exterior Features

Brick, Vinyl siding

Foundation Details

Concrete

Parking Features

No Garage

Stories

2.0

Land & Location

Frontage Length

20.0 feet

Lot Features

Lane

Lot Size Dimensions

20 x 160.6 FT

Postal Code

N3H3N1

Listing & Financials

Listing Office

RIGHT AT HOME REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

2

Mortgage Calculator

20% ($109,800)
5.5%
25 Years

Estimated Monthly Payment

$2,697

Principal and interest only. Actual rates may vary.

Location & Map

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List Property3 Bed Multi-family for Sale — 453 AND 455 KING STREET E, Cambridge | $549,000 | Lify.ca