868 KING Street
Cambridge
Vacant Land
Redevelopment opportunity in Cambridge (Preston) Core area. Current proposal is 70+ residential units with 10,000 sqft of main floor commercial space! C1/RM2 . Archeological study, Heritage Impact, & Phase II all completed. Opportunity to secure a project in the up and coming Core area! Situated perfectly with transit, retail and services, churches and schools all near by.
Price History
Schools
Elementary
- Grand View Public School0.3 km
Public · Waterloo Region DSB · 250 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Preston Public School0.4 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Michael Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard
Secondary
- Preston High School0.8 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée3.9 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Jacob Hespeler Secondary School4.1 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,253 recorded sales of vacant land properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$279,980
Estimated Monthly Payment
$6,877
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,877/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $350/mo
Estimates only. Consult a financial advisor.
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