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$ 1,199,000
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Active Under Contract
355 Guelph AVE Cambridge, ON N3C 2V3
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID X13128864
Style Other
Annual Tax Amount $5,383
Tax Year 2026
Lot Size 0.500 Acres
Property Sub-Type Vacant Land
Property 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.
Location
Province ON
County Waterloo
Area Waterloo
Zoning RM4
Rooms
Kitchen 0
Exterior
Lot Frontage 132.0
Lot Depth 150.0
Others
ParcelsYN No
Listed by RE/MAX Real Estate Centre Inc.
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Nick Soloviov
Real Estate Agent - Landpower Real Estate LTD. RECO 5013486