For Sale: 683 Preston Parkway, Cambridge, ON - REW
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$899,000
0 bd • ba • sf • Land/Lot
683 Preston Parkway
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$899,000
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683 Preston ParkwayCambridge, ON, N3H 4X3

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

An exceptional opportunity to acquire approximately 1.105 acres of strategically located development land along King Street East, surrounded by established residential communities and an extensive range of schools, parks, shopping, transit, services, and everyday amenities. The property is currently zoned R2 – Medium-High Density Residential, offering the potential for a range of multiple-unit residential uses. The R2 zoning adds significant appeal for builders, developers, and investors seeking land with residential development potential. With approximately 1.105 acres of land, the property provides a variety of future residential concepts, subject to applicable zoning provisions, municipal requirements and all required approvals. Its location along King Street East provides convenient connectivity while placing future residents within close proximity to schools, parks, public transit, shopping, restaurants and other essential amenities. The combination of substantial land area, R2 Medium-High Density Residential zoning, established surrounding neighbourhoods, and convenient access to major amenities makes this an opportunity to investigate the possibilities for future residential development. Whether you are a builder looking for your next project, a developer seeking a strategically positioned residential parcel or an investor exploring long-term development potential, this property offers an opportunity to secure a sizeable development site in an established and desirable location. Development potential is subject to municipal approvals, zoning compliance, permitted-use requirements, site plan approval, servicing and infrastructure capacity, environmental and technical requirements, and all other applicable approvals and regulations. Buyers and their representatives are advised to conduct their own independent due diligence. A rare opportunity to acquire and explore the potential for future residential development in a well-established and highly connected area. (id:63626)
Listed by: Anurag Sharma, Broker of Record, Re/Max Twin City Realty Inc.

Home facts and features

Price details
List Price
$899,000
Get Pre-Approved
Gross Taxes for 2026
$9,353
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
113 ft x 0 ft (1.7 acres)
Depth
Frontage
113.0 feet
Title
Freehold
Agent details
Primary Agent
Anurag Sharma
Primary Broker
Re/Max Twin City Realty Inc.
Secondary Agent
Harman Wadhwa
Secondary Broker
Re/Max Twin City Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
40866904
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Parkway Public School
  • Public
  • JK - 6
St Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Preston High School
  • Public
  • 9 - 12
Preston Public School
  • Public
  • JK - 6
Grand View Public School
  • Public
  • JK - 6
St Michael Catholic Elementary School
  • Catholic
  • JK - 8
Coronation Public School
  • Public
  • JK - 6
William G Davis Public School
  • Public
  • 7 - 8
Ryerson Public School
  • Public
  • JK - 6
ÉÉC Saint-Noël-Chabanel-Cambridge
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Anurag Sharma
Phone:
(519) 579-4110
Cell:
226-780-8886
Office:
519-579-4110
Salesperson
Harman Wadhwa
Phone:
(226) 507-8700
Cell:
226-507-8700
Office:
519-579-4110
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