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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:12481)

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

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com