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355 Guelph ave 0.45 Acres of Residential Land Offered at $914,653 USD in Cambridge, ON N3C 0G1

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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	$914,653 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	$914,653 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	$914,653 USD	Lot Size	0.45 AC
Price Per AC	$2,032,563.25 USD

Price	$914,653 USD
Price Per AC	$2,032,563.25 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.

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