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.
Data was last updated August 24, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$499,000
Min list price:
$129,000
Max list price:
$3,999,000
Avg days on market:
45
Min days on market:
3
Max days on market:
146
These statistics are generated based on the current listing's property type
and located in
Cambridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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