10
$899,000
683 PRESTON Parkway, Cambridge, ON N3H 4X3
Preston
1 months on marketMLS® X13840774
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
1 / 9
For saleMLS® X13065006
868 King Street E, Cambridge, ON N3H 3P2
Preston · N3H 3P2
$1,099,000
$54 / sq ft6 months on market
- Interior
- 20,212 sf
- Lot
- 133.95 × 157 ft
About this property
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.
Property details
Property
- Property type
- vacant land
- Interior size
- 20,212 sq ft
- Lot size
- 133.95 × 157 ft
- Zoning
- C1RM2
- Possession
- Consistent with Lenders / Lawyers
Exterior & services
- Sewer
- Sanitary Available
Costs
- List price
- $1,099,000
- Property taxes
- $29,570 / year (2025)
- Price per sq ft
- $54
Listing
- MLS® number
- X13065006
- Status
- For sale
- Listed
- April 30, 2026
- Days on market
- 188
- Last updated
- September 29, 2026
- Listing brokerage
- RE/MAX Real Estate Centre Inc.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 63% of comparable vacant land listings in Preston are asking less.
$340KMedian $947K$11.09M
Based on 8 comparable active vacant land listings in Preston. These are asking prices, not sale prices.
Mortgage estimate
Down payment7.7% · minimum $84,900
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $5,607.13
- Property tax (est.)
- $2,464.17
- Estimated monthly
- $8,071
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $18,455
- Total due on closing
- $18,455
An estimate on the asking price of $1,099,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX Real Estate Centre Inc.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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Similar properties nearby
1
$995,000
144 Cornell Street, Cambridge, ON N3H 1K4
Preston
31,363 sf
7 months on marketMLS® X12914660
Listing courtesy of CBRE LIMITED