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355 Guelph Avenue Cambridge, Ontario N3C 2V3

$1,199,000

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:61499)

Property Details

MLS® Number 40828186
Property Type Vacant Land
AmenitiesNearBy Schools

Building

BasementType None
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Schools
Sewer Municipal Sewage System
SizeDepth 150 Ft
SizeFrontage 132 Ft
SizeIrregular 0.45
SizeTotal 0.45 Ac|1/2 - 1.99 Acres
SizeTotalText 0.45 Ac|1/2 - 1.99 Acres
ZoningDescription Rm4

https://www.realtor.ca/real-estate/29734195/355-guelph-avenue-cambridge

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Terry Riddoch
Broker


RE/MAX Real Estate Centre Inc.
720 Westmount Road East
Kitchener, Ontario N2E 2M6

Irfan Gillani
Salesperson


RE/MAX Real Estate Centre Inc.
720 Westmount Road East
Kitchener, Ontario N2E 2M6

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