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Renanza Realty
For sale

453 & 455 KING STREET E

Cambridge, Ontario

MLS® X13038760

$499,000

Status
Active
Property type
Retail
MLS® number
X13038760
Bedrooms
Bathrooms
Year built

Listing 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.

Property summary

MLS® number
X13038760
Property type
Retail
Building type
Residential Commercial Mix
Square footage
3,000 sq ft
Land size
Unit=20 x 160.56 FT
Annual property taxes
$6,675.24
Parking
2 spaces
Days on market
127 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Washer, Dryer, Freezer

What would this home cost you?

Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,322 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.