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355 Guelph ave 0.45 Acres of Residential Land Offered at $849,860 USD in Cambridge, ON N3C 0G1

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Investment Highlights

Well-situated in Cambridge with strong regional connectivity and residential demand.
Combined 0.59-acre site with RM4 zoning for eight freehold townhomes.

Substantial preliminary engineering and regulatory progress completed to mitigate lead time.

Executive Summary

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.

Property Facts

Price	$849,860 USD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Planned Unit Development
No. Lots	1	Total Lot Size	0.45 AC
Property Type	Land
Zoning	RM4 - Medium Density Residential

Price	$849,860 USD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Planned Unit Development
Total Lot Size	0.45 AC
Zoning	RM4 - Medium Density Residential

1 Lot Available

Lot

Price	$849,860 USD	Lot Size	0.45 AC
Price Per AC	$1,888,578.58 USD

Price	$849,860 USD
Price Per AC	$1,888,578.58 USD
Lot Size	0.45 AC

Prime 0.59-acre infill site in Cambridge, zoned RM4 with approvals for 8-unit freehold townhomes. Preliminary consents granted, vacant structure on-site, and VTB financing available.

Description

The subject consists of two assembled parcels totaling 0.59 acres in Cambridge, Ontario. The zoning designation is RM4 with a site-specific provision adopted in 2022. Consent approvals for the proposed subdivision are currently active. The property includes an older residential structure that is vacant. The location is within an established residential area offering proximity to transportation corridors and community amenities.

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