355 Guelph Avenue Cambridge, Ontario N3C 2V3

$1,299,000

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:56248)

Property Details

MLS® Number 40828186
Property Type Vacant Land
Amenities Near By Schools

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 132 Ft
Size Irregular 0.45
Size Total 0.45 Ac|1/2 - 1.99 Acres
Size Total Text 0.45 Ac|1/2 - 1.99 Acres
Zoning Description Rm4

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

Your Favourites

 

No Favourites Found

 

THIS WEEKS OPEN HOUSES