Gurvinder Nokwal REALTOR®
For Sale Vacant Land 157 days on market

$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

Map

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

Minimum for this price: $94,900 (7.91%)

Amortization, years

Estimated mortgage payment

$5,309 per month

Principal and interest
$5,309
Property tax
$449
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
Total, before legal fees
$260,255
Talk to me about financing

Estimates 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

355 Guelph Avenue, Cambridge, ON N3C 2V3 Cambridge, ON N3C 2V3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,199,000 355 Guelph Avenue, Cambridge, ON N3C 2V3
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