355 Guelph Avenue, Cambridge, ON N3C 2V3

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$1,199,000

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List Price
$1,199,000
Status
ACTIVE
Days on Market
78
Price Change
▼ $100,000 1780947842
MLS® #
40828186
Subtype
Land
Lot Size
19,602
Acres
0.45
Subdivision
44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights
Neighborhood
44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights
MLS Area Major
Waterloo

Property Description

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.

Additional Information

Zoning
RM4

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