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$ 549,000
Est. payment | /mo
3 Beds
2 Baths
$ 549,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X13015056
Style 2-Storey
Bedrooms 3
Annual Tax Amount $6,675
Tax Year 2025
Property Sub-Type Multiplex
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
Rooms
Family Room Yes
Basement Development Potential, Unfinished, Walk-Up, Separate Entrance
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Metal
Lot Frontage 20.0
Lot Depth 160.56
Total Parking Spaces 2
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RIGHT AT HOME REALTY
Nearby Locations
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