$519,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 3Bathrooms: 2Lot: 20 x 160.56 ft
2025 Taxes: $6,675.24

453 and 455 King St E
Cambridge, ON N3H 3N1 | Waterloo

Prime Development Opportunity Awaits - calling all investors, renovators, developers, end-users, professionals looking for mixed use space! Over 3,000 sq ft across 3 levels, positioned along one of Cambridge's fastest-growing corridors with the bus at your doorstep, 453 King St E offers exceptional mixed-use potential in a high-visibility location. Zoned C1RM2, this property supports a wide range of commercial and residential uses, with strong upside for investors and developers alike. Downtown Cambridge and King Street East is undergoing significant intensification, with multiple mixed-use and mid-rise developments proposed and also the Cambridge LRT extension/development reflecting the City's broader push toward higher-density, transit-supportive growth and vibrant main street communities. The property presents an excellent value-add opportunity, with potential to renovate into a 3-unit income-generating units and explore laneway garage development. Central Air. Separate hydro meters. Double Car parking at rear. Separate basement walk-up entrance. Surrounded by established amenities, transit, and quick access to Highway 8 and the 401, this location continues to attract both residential and commercial demand in a rapidly evolving market. Property being sold as-is, floorplan attached.
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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13015056
Last Updated May 14, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 037770019
Legal Description PT LT 29 N/S KING ST & W/S POTTER ST PL 521 CAMBRIDGE AS IN 1298750, SAVE & EXCEPT PT 2 ON EX. PLAN WR1108499; S/T & T/W 1298750 CITY OF CAMBRIDGE
Taxes (2025) $6,675.24
Directions/Cross Streets King St E & Waterloo St N
Area Waterloo
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Lot 20 x 160.56 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Basement Development Potential, Unfinished, Walk-Up, Separate Entrance
Garage Type None
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer
Seller Property Info Statement Y

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