Vacant Land · For sale
355 Guelph Avenue, Cambridge
$1,199,000
Listing brokerage: RE/MAX Real Estate Centre Inc. · MLS® X13128864
Property report for this address · zoning, second units, flood, schools (public records)
- Listing brokerage
- RE/MAX Real Estate Centre Inc.
- Type
- Vacant Land
- Deal
- For sale
- Category
- Land · Development land
- Lot
- 132 x 150 ft
- MLS® number
- X13128864
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.
The information provided herein is deemed reliable but is not guaranteed accurate by PROPTX.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.