Primary photo of 355 GUELPH Avenue, Cambridge
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Vacant Land For Sale

$1,199,000

MLS® Number: 40828186

Land Size

0.45

355 GUELPH Avenue, Cambridge, Ontario

About This Property

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.

Property Details

Interior Details

Basement

None

Building & Exterior

Number Of Units Total

0

Land & Location

Frontage Length

132.0 feet

Lot Size Area

0.45 acres

Lot Size Dimensions

0.45

Postal Code

N3C2V3

Subdivision Name

44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights

Listing & Financials

Listing Office

RE/MAX REAL ESTATE CENTRE INC.

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($239,800)
5.5%
25 Years

Estimated Monthly Payment

$5,890

Principal and interest only. Actual rates may vary.

Location & Map

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