For Sale: 868 King Street E, Cambridge, ON - REW
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$1,299,000
0 bd ba sf Land/Lot

868 King Street ECambridge, ON, N3H 3P2

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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.
Listed by: Terry Riddoch, RE/MAX REAL ESTATE CENTRE INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$29,570
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
134 ft x 157 ft (21070 ft²)
Depth
157.0
Frontage
134.2
Heating Type
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC.
Secondary Agent
Secondary Broker
RE/MAX REAL ESTATE CENTRE INC.
Listing details
Days on REW
42 Days
Property Views
27
MLS® Number
40824644
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Preston Public School
  • Public
  • JK - 6
Grand View Public School
  • Public
  • JK - 6
Preston High School
  • Public
  • 9 - 12
St Michael Catholic Elementary School
  • Catholic
  • JK - 8
St Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Coronation Public School
  • Public
  • JK - 6
William G Davis Public School
  • Public
  • 7 - 8
ÉÉC Saint-Noël-Chabanel-Cambridge
  • Catholic
  • JK - 6
Ryerson Public School
  • Public
  • JK - 6
Parkway Public School
  • Public
  • 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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.