Welcome to 457 King Street East, Cambridge! An exceptional turnkey investment opportunity awaits the savvy investor. Ideally situated in a central location, this property offers excellent access to public transit and sits along the proposed LRT route through Cambridge. This mixed-use building features three residential units (currently vacant) and one tenanted commercial space, offering tremendous upside potential through lease-up and rent optimization. Recently renovated from top to bottom, the property includes a new hot water radiator system with individual thermostats for each unit, as well as new appliances throughout. Located on high-visibility King Street, this property offers outstanding exposure—perfect for long-term value and strong future income potential. Opportunities like this don’t come often. Book your private showing today and unlock the full potential of 457 King Street East!
Property Type:
Commercial Sale
Property SubType:
Mixed, Building Only
Listing General Location:
52 - Preston North, 15 - Preston
Bedrooms:
5
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
3,223 sq. ft.299 m2
Lot Details:
20 x 162.56
Lot Depth:
162'7"49.5 m
Lot Frontage:
20'6.1 m
Frontage Type:
North
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
$7,738.28 /
-
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick, Stucco
Basement:
Partial
Foundation:
Poured Concrete
Number of Storeys:
2
Total Floor Area:
3,026 sq. ft.281 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Other
Refrigerator, Stove
false
No
Waterloo St S
No
Alarm System
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Zoning:
C1RM2
Total Acres:
0.074
Lot Site Features:
City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Data was last updated July 10, 2025 at 11:50 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$849,950
Min list price:
$399,900
Max list price:
$6,900,000
Avg days on market:
58
Min days on market:
2
Max days on market:
171
Avg price per sq.ft.:
$392.14
These statistics are generated based on the current listing's property type
and located in
15 - Preston. Average values are
derived using median calculations. This data is not produced by the MLS® system.