$1,099,000
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868 King Street E, Cambridge on N3H 3P2, Cambridge, ON N3H 3P2

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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.

Listing By: Terry Riddoch - RE/MAX REAL ESTATE CENTRE INC. cnitso Realty.com
  • MLS® 40824644
  • Date Listed04/30/2026
  • Days on Realty 152 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.46 acres (20,212 sq. ft)
  • County Waterloo

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.46
  • Lot Size SQFT 20,211.84
  • Lot Features Urban, City Lot, High Traffic Area, Highway Access, Public Transit, Schools

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N3H 3P2

Discover key demographics, population statistics, and environmental insights for the Cambridge, ON area.

Walkability in ON / N3H 3P2

Source: Walk Score

75/100

Very Walkable

Walk Score ®

42/100

Some Transit

Transit Score ®

67/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 34/100, Bike Score: 40/100.

Points of Interest near 868 King Street E, Cambridge ON N3H 3P2, Cambridge, ON N3H 3P2

Frequently Asked Questions for 868 King Street E, Cambridge ON N3H 3P2

Source: Realty.com

868 King Street E, Cambridge ON N3H 3P2, Cambridge, ON N3H 3P2 in Cambridge, ON N3H 3P2 is a mixed use listed at $1,099,000. Highlights include 0.46 acre lot. Realty.ca has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of 868 King Street E, Cambridge ON N3H 3P2.

The full address for this home is 868 King Street E, Cambridge ON N3H 3P2, Cambridge, ON N3H 3P2.

868 King Street E, Cambridge ON N3H 3P2 has been listed on Realty.com since Thu April 30, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 34/100, Bike Score: 40/100.

Listing provided courtesy of: RE/MAX REAL ESTATE CENTRE INC. (tel: 519-741-0950)
Listing agent: Terry Riddoch (tel: 519-741-0950)

This content last refreshed on 2026-09-29 13:37:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.