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.
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Photos of 355 Guelph Avenue
Facts and features of 355 Guelph Avenue
| Type | Vacant Land |
|---|---|
| Style | Other |
| Lot | 132 x 150 Feet |
| Taxes | $5,383 (2026) |
| Days on market | 169 |
| Listing brokerage | RE/MAX Real Estate Centre Inc. |
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355 Guelph Avenue
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355 Guelph Avenue
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MLS® X13128864 Data source: PropTx Listed May 14, 2026
