683 PRESTON Parkway Cambridge

683 PRESTON Parkway, Cambridge, Ontario

$899,000

    An exceptional opportunity to acquire approximately 1.105 acres of strategically located development land along King Street East, surrounded by established residential communities and an extensive range of schools, parks, shopping, transit, services, and everyday amenities. The property is currently zoned R2 – Medium-High Density Residential, offering the potential for a range of multiple-unit residential uses. The R2 zoning adds significant appeal for builders, developers, and investors seeking land with residential development potential. With approximately 1.105 acres of land, the property provides a variety of future residential concepts, subject to applicable zoning provisions, municipal requirements and all required approvals. Its location along King Street East provides convenient connectivity while placing future residents within close proximity to schools, parks, public transit, shopping, restaurants and other essential amenities. The combination of substantial land area, R2 Medium-High Density Residential zoning, established surrounding neighbourhoods, and convenient access to major amenities makes this an opportunity to investigate the possibilities for future residential development. Whether you are a builder looking for your next project, a developer seeking a strategically positioned residential parcel or an investor exploring long-term development potential, this property offers an opportunity to secure a sizeable development site in an established and desirable location. Development potential is subject to municipal approvals, zoning compliance, permitted-use requirements, site plan approval, servicing and infrastructure capacity, environmental and technical requirements, and all other applicable approvals and regulations. A rare opportunity to acquire and explore the potential for future residential development in a well-established and highly connected area. (id:23309)

    • Listing ID: 40866904
    • Property Type: Vacant Land

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    Details

    • Amenities Nearby: Public Transit
    • Community Features: High Traffic Area
    • Ownership: Freehold
    • Transaction: For sale
    • Zoning Description: R2

    Building

    • BasementType: None
    • Fireplace Present: False
    • Utility Water: None

    Land

    • Access Type: Highway access
    • Acreage: true
    • Amenities: Public Transit
    • Sewer: No sewage system
    • Size Frontage: 113 ft
    • Size Irregular: 1.7
    • Size Total: 1.7 ac|1/2 - 1.99 acres

    This property for sale is located at 683 PRESTON Parkway in Cambridge. It was last modified on September 30th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge properties for sale.

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