868 King Street E Cambridge, Ontario N3H 3P2
$1,399,000
Rare opportunity to acquire a cleared, shovel-ready development parcel in the heart of Preston, Cambridge's fastest-evolving transit-oriented corridor. This 20,193 sq ft (0.464 acre) corner lot delivers 133.95 ft of premium frontage on King Street East with additional exposure on Lowther St E, offering irreplaceable visibility and access. Zoned C1RM2 (Commercial / Multi-Residential) with a Mixed Use (Including Residential) Official Plan designation and Major Transit Station Area (MTSA) overlay, the site offers developers the potential of a wide variety of build options. Strategically positioned, the property is within walking distance of the planned Stage 2 ION LRT station at King Street East and Eagle Street in addition to the Preston downtown core, schools, shopping, restaurants, parks and grocery. Highway 401 access in 5 to 7 minutes; Site is currently vacant, cleared, and ready for design. Phase II ESA, Archaeological Report as well as survey available to qualified purchasers under confidentiality. (id:12481)
Property Details
| MLS® Number | 40824644 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 157 Ft |
| SizeFrontage | 134 Ft |
| SizeIrregular | 0.464 |
| SizeTotal | 0.464 Ac|under 1/2 Acre |
| SizeTotalText | 0.464 Ac|under 1/2 Acre |
| ZoningDescription | C1rm2 |
Utilities
| Water | Available |
https://www.realtor.ca/real-estate/29680487/868-king-street-e-cambridge
Contact Us
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
(519) 667-1958
www.farmontario.com
34 Grandview Crescent
London, Ontario N6K 2Y2
Ron Steenbergen
Broker
(519) 667-1958
www.farmontario.com/
675 Adelaide Street North
London, Ontario N5Y 2L4
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April 30 2026 07:50:47
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