Active Vacant Land For Sale 38 DOM
$1,199,000
MLS® X13128864

355 Guelph Avenue, Cambridge, ON N3C 2V3

Cambridge · N3C 2V3
Monthly cost · estimate
$0/mo
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Hunter's read
Rezoned RM4 land approved for 8-unit townhouse development—0.59 acres positioned for immediate builder takeout.

About this home

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 summary 5 details
Property Type
Vacant Land
Style
['Other']
Days on Market
38 days
Annual Taxes
$5,383
Lot Size
132.0' × 150.0'
🌳 Lot & land
Frontage
132.0 ft
Depth
150.0 ft
📃 Listing details
MLS® Number
X13128864
Days on Market
38 days
Possession
Immediate
Listing Brokerage
RE/MAX Real Estate Centre Inc.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

Recent comparable sales

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Location

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About Cambridge

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$1,199,000
355 Guelph Avenue, Cambridge, ON N3C 2V3
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 355 Guelph Avenue, Cambridg... is priced fairly, over, or under.

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