
Vacant Land For Sale
$1,199,000
MLS® Number: 40828186
Land Size
0.45
Vacant Land For Sale
$1,199,000
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
Listed By
RE/MAX REAL ESTATE CENTRE INC.
Mortgage Calculator
Estimated Monthly Payment
$5,890
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$5,890
Principal and interest only. Actual rates may vary.