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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13128864
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	0 sq ft
Beds / Baths	0 bed · 0 bath
City	Cambridge
Postal Code	N3C 2V3
Province	ON
Listed Date	May 14, 2026
Days on Market	85
Brokerage	RE/MAX Real Estate Centre Inc.