$1,299,000
FOR SALE

Vacant Land

Lot: 132 x 150 ft
2026 Taxes: $5,383

355 Guelph Ave
Cambridge, ON N3C 2V3 | Waterloo

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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Listed By RE/MAX Real Estate Centre Inc.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13128864
Last Updated May 14, 2026
Property Summary
Property Type Vacant Land

More like this:
PIN 037580133
Legal Description CON 3 BLK BEASLEYS LOWER PT LOT 13 PT LT 13
Possession Date Immediate
Taxes (2026) $5,383
Directions/Cross Streets Fisher Mills Rd - Guelph Ave
Area Waterloo
Price History

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Detailed Information
Fronting On East
Special Designations Other
Lot 132 x 150 ft
Seller Property Info Statement Y

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