1305-1309 King Street E, Cambridge ON N1R 3L4 Photo 1 1305-1309 King Street E, Cambridge ON N1R 3L4 Photo 2 1305-1309 King Street E, Cambridge ON N1R 3L4 Photo 3 1305-1309 King Street E, Cambridge ON N1R 3L4 Photo 4

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Newly Renovated

1305-1309 King Street E -

MULTI RESIDENTIAL PROPERTY SITUATED ON KING STREET, REGIONAL HIGHWAY 8, ON A PRIME CORNER IN PRESTON'S CORE BUSINESS SECTION. THIS LARGE LOT HAS GREAT POTENTIAL FOR REDEVELOPMENT WITH AMPLE ROOM FOR ADDITIONAL BUILDING AND PARKING. GRANTS AND ADDITIONAL CITY OF CAMBRIDGE DEVELOPMENT INCENTIVES AVAILABLE FOR INCREASED DENSITY ON THIS SITE. THIS FORMER TOBACCO PROCESSING BUILDING HAS A RICH HISTORY AND EXUDES CHARACTER, AND ITS JUST WAITING FOR THE RIGHT INVESTOR TO UNLOCK THE POTENTIAL IN THIS UNIQUE OPPORTUNITY.

Property Details

  • ID: 30551259
  • Status: Active
  • New Construction: No
  • Neighbourhood: Preston South
  • Property ID: 101200175
  • Storeys: 2
  • Living Area: 4,500 Square Feet
  • Style: 2-Storey
  • Parking Type Description: Other 6 cars
  • County: Waterloo

Features

Air Conditioning Type No
Drive Surface/Open
Equipment Included Stoves, Refrigerators, Other
Exterior Stucco (Plaster), Stone
Features Area Influences Public Transit, Place of Worship, Park, Library, Hospital, Arts Centre
Fire Protection Other - see Remarks
Foundation Stone
Garage Type None
Heat Source Gas
Heat Type Forced Air
Laundry Access In-Suite
Other Water - Municipal, Use - Residential, Type - Attached/Row/, Style - 2 Storey, Sqft Source - Lbo Provided, Sq Ft Range - 4001 To 5000, Sewers - Sewer (Municipal), Recreational Use Y/N - 0, Property Type - Multi-Family, Property Sub Type - 3 Units, Pool Type - None, Ownership Type - Freehold, Occupancy - Tenant, Number Total Units - 3, Number Stoves - 3, Number Refrigerators - 3, Number 3 Bedroom Units - 3, Lot Shape - Rectangular, Lot Front - 66.00, Lot Depth - 165.00, Location - Urban, Leases Y/N - 0, Laundry Y/N - 1, Inclusions - 3 Water Heaters, Fireplace Stove Operational - 0, Exclusions - All Tenant Belongings, Energy Certification Y/N - 0, Elevator Y/N - 0, Basement Y/N - 1, Basement Size - Full, Basement Finish - Partially Finished, Air Conditioning - None, Acres Range - < 0.5
Parking Drive None
Roof Type Asphalt Shingle
Soil Type Clay
Under Contract None
Listed By Cory Devilliers of CENTURY 21 Heritage House Ltd., Brokerage*