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Rebecca DoreyRE/MAX Solid Gold
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Sold ConditionalResidentialMLS® 40828186

355 Guelph Avenue, Cambridge ON N3C 2V3

Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights, Cambridge, N3C 2V3

$1,199,000

ResidentialType
126Days on market

The home

About this property

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.

Specifications

Property details

Property type

Land

Lot

132 x 150 Acres

Taxes

$5,666 (annual)

Days on market

126

What's included

Features and amenities

Lot

UrbanSchools

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Terry Riddoch, RE/MAX REAL ESTATE CENTRE INC. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.