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355 Guelph ave 0.45 Acres of Commercial Land Offered at $1,299,000 CAD in Cambridge, ON N3C 0G1
Executive Summary
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 Facts
| Price | $1,299,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Price | $1,299,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.45 AC |
1 Lot Available
Lot
| Price | $1,299,000 CAD | Lot Size | 0.45 AC |
| Price Per AC | $2,886,666.67 CAD |
| Price | $1,299,000 CAD |
| Price Per AC | $2,886,666.67 CAD |
| Lot Size | 0.45 AC |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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Presented by
Terry Riddoch Personal Real Estate Corporation
355 Guelph ave
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