868 King Street E, Cambridge, ON N3H 3P2
Cambridge · Near Lowther St S · View map
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.
The home
- Type
- Land
- Square footage
- 0.464 sq ft
- Lot size
- 134 x 157 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $29,570/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Consistent with Lenders / Lawyers
- Cross street
- Lowther St S
More
- MLS® number
- X13065006
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 868 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 868 King Street E
Answers come straight from this home’s MLS® listing.
How much is 868 King Street E listed for, and what would it cost each month?
868 King Street E is listed for $1,099,000. With 20% down ($219,800), the mortgage payment would be roughly $4,433 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,897 a month, all in. That figure is an illustration, not a quote.
Is 868 King Street E freehold or a condo, and is there a monthly fee?
868 King Street E is a land in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 868 King Street E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 868 King Street E?
868 King Street E is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 868 King Street E, and what is the lot size?
The lot is listed as 134 x 157 ft.
What are the property taxes for 868 King Street E?
Property taxes are $29,570 a year (2025), or about $2,464 a month.
Where is 868 King Street E?
868 King Street E is in Cambridge. The nearest main intersection is Lowther St S. The postal code is N3H 3P2.
Is 868 King Street E still for sale?
Yes. It is an active listing (MLS® X13065006). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 868 King Street E asking?
Similar properties for sale nearby right now include 1118 KING Street at $899,999, 121 Hespeler Road at $1,049,999 and 11 Queen Street E at $999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 868 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 868 King Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cambridge, picked by style, size and price.
Commercial retail$899,9991118 KING Street, CambridgeCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Commercial retail$1,049,999121 Hespeler Road, CambridgeCourtesy of: Bosley Real Estate Ltd.View home →
Investment$999,00011 Queen Street E, CambridgeCourtesy of: CENTURY 21 WENDA ALLEN REALTYView home →Courtesy of: RE/MAX Real Estate Centre Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.