355 GUELPH Avenue, Cambridge, Ontario, N3C 2V3

$1,199,000

MLS® # 40828186

Vacant Land For Sale In Blackbridge, Cambridge, Ontario

$1,199,000

Property Information:

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. (id:27)

Building Features:

  • Basement Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Amenities Nearby: Schools
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 132 Feet
  • Lot Size: 0.45 Acres
  • Zoning: RM4
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos

  • Expansive front lawn with mature trees and a long gravel driveway -
  • Brick ranch home featuring a single garage, dark shingle roof, and a prominent chimney -
  • Brick ranch-style residence featuring an attached garage, a paved driveway, and a spacious front lawn -
  • Expansive front lawn with mature trees and a brick single-story residence -
  • Expansive residential lot with established trees and surrounding green space -
  • Image quality insufficient for description -
  • Single-story residence on a generous lot with extensive green space and mature trees -
  • Aerial perspective showcasing a residential neighborhood with tree-lined streets and varied architectural styles -
  • Single-story brick exterior residence featuring an attached garage, an asphalt driveway, and a shingled roof -
  • Aerial view of a residential area featuring established neighborhoods, newer housing developments, and surrounding green spaces -