$1,199,000
↓ $100,000 from $1,299,000
Est. payment $5,309/moCalculate yours
355 Guelph Avenue, Cambridge, ON N3C 2V3
Cambridge, ON N3C 2V3
Listing courtesy of RE/MAX Real Estate Centre Inc. MLS® X13128864
About this home
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 details
Overview
- Property Type
- Vacant Land
- Style
- Other
- For
- For Sale
- Status
- Sold Conditional
Lot & Parking
- Lot Size
- 132 x 150 Feet
- Zoning
- RM4
Financial
- Property Taxes
- $5,383 (2026)
Location
- Cross Street
- Fisher Mills Rd - Guelph Ave
- Direction Faces
- East
Listing
- MLS® Number
- X13128864
- Days on Market
- 157
- Listed On
- 2026-05-14
- Possession
- Immediate
- Listed By
- RE/MAX Real Estate Centre Inc.
Mortgage calculator
Estimated mortgage payment
$5,309 per month
- Principal and interest
- $5,309
- Property tax
- $449
- Condo fees
- $0
- Estimated monthly cost
- $5,757
Your mortgage
- Mortgage amount
- $959,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $633,474
Cash to close
- Down payment
- $239,800
- Land transfer tax
- $20,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $260,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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