355 Guelph Avenue, Cambridge, Ontario

$1,199,000

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0.45

Acres

About 355 Guelph Avenue

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. (id:36535)

Features of 355 Guelph Avenue

Listing # 40828186
Price $1,199,000
Bathrooms 0.00
Acres 0.45
Type Vacant Land
Sub-Type Freehold

Community Information

Address 355 Guelph Avenue
Subdivision 44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights
City Cambridge
Province Ontario
Postal Code N3C2V3

Amenities

Amenities Schools
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement Type None

Listing Details

OfficeCourtesy Of RE/MAX REAL ESTATE CENTRE INC.

Listing Map