355 Guelph Avenue

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.

Listing Details

MLS #

40828186

Board

ITSO

Market

ontario

Property Type

Residential

Style

Land

Lot Size

132.00 × 150 ft

Annual Taxes

$5,666/yr

Listed By

REMAX REAL ESTATE CENTRE INC.

Presented By

REMAX Hallmark®

Listed On

May 11, 2026

Days on Market

176