- Status:
- Active
- Prop. Type:
- Land
- MLS® Num:
- 40824644
- Photos (6)
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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.
- Property Type:
- Land
- Property SubType:
- Mixed Use
- Listing General Location:
- 52 - Preston North, 15 - Preston
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 20,212 sq. ft.
- Lot Details:
- 134.2 x 157
- Lot Depth:
- 157'
- Lot Frontage:
- 134'2"
- Frontage Type:
- West
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Number of Buildings:
- 0
- Fireplace:
- false
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- false
- No
- No
- HST Applicable To Sale Price:
- Call LBO
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Condo Corporation:
- No
- Zoning:
- C1RM2
- Total Acres:
- 0.464
- Utilities:
- At Lot Line-Gas, At Lot Line-Hydro, Municipal to Lot Line
- Lot Site Features:
- Urban, City Lot, High Traffic Area, Highway Access, Public Transit, Schools
- Soil Test:
- No
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Total Units:
- Signup
- Listed Date:
- Apr 30, 2026
-
Cleared land parcel situated at a corner intersection, featuring direct street frontage on two sides -
Expansive land parcel featuring existing paved sidewalks and mature trees in the background
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Expansive urban lot featuring a mix of concrete and grass areas, bordered by a brick building and a public sidewalk
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Expansive cleared lot offering significant street frontage
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Expansive corner lot featuring direct road frontage on two sides
-
Cleared lot with direct street access, surrounded by established commercial and residential properties
Listed by RE/MAX REAL ESTATE CENTRE INC.
Data was last updated November 1, 2026 at 05:50 AM (UTC)
- TABITHA ROURKE
- RE/MAX TWIN CITY BROKERAGE
- 1 (519) 4964219
- Contact by Email
Tabitha Rourke
RE/MAX Twin City Brokerage
Office Address:
1400 Bishop Street
Cambridge, ON, N1R 6W8
