868 King Street E Cambridge, ON N3H 3P2
Listing Courtesy of: ITSO / Listed By: Re/Max Real Estate Centre Inc.

  868 King Street E Cambridge, ON N3H 3P2

Active (120 Days)
$1,099,000 (CAD)

Description

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.

MLS®:
40824644
Taxes
$29,570
Lot Size
0.46 acres
Type
Land
County
Waterloo Regional Municipality

Listed By

Terry Riddoch, Re/Max Real Estate Centre Inc.
Source
ITSO
Last checked Aug 28 2026 at 6:32 PM EDT
Bathroom Details
Lot Information
  • Schools
  • Urban
  • Highway Access
  • Public Transit
  • City Lot
  • High Traffic Area
Utility Information
  • Utilities: At Lot Line-Hydro, At Lot Line-Gas, Municipal to Lot Line
  • Sewer: Sewer (Municipal)

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 31, 2026
Price Changed
$1,099,000
-8%
-$100,000
Jun 30, 2026
Price Changed
$1,199,000
-8%
-$100,000
May 20, 2026
Price Changed
$1,299,000
-7%
-$100,000
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 8/28/26 11:32