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355 Guelph Avenue, Cambridge, ON N3C2V3

$1,199,000

Property Overview

  • Vacant Land Home Type
  • Vacant Land Building Type
  • 21780 Sqft Lot Size
  • NoneCommunity
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 0 Parking Space(s)
  • Property Taxes
  • 107 days Days on Market
  • X13128864 MLS® #
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Description

An exceptional infill development opportunity in Cambridge, comprising 355 Guelph Avenue and 11 Fletcher Circle (offered as a combined 0.59-acre / 0.24-hectare parcel). Rezoned to RM4 (Site-Specific Provision S4.1.421) in March 2022, the site is positioned for an 8-unit freehold townhouse project. Consent applications (B02/25 through B08/25) received staff-recommended approval in June 2025 and remain valid until June 18, 2027. Significant preliminary engineering and regulatory hurdles have been cleared to accelerate project timelines. The existing house on the property is vacant and sold strictly "as is, where is." Favorable Seller VTB (Vendor Take-Back) financing is available to qualified buyers, offering strategic leverage to optimize project yields. This opportunity represents a streamlined acquisition for builders looking to deliver premium missing-middle housing in the Waterloo Region.

Interior Details

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Exterior Details

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Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:42:31 PM UTC.