355 GUELPH Avenue
Cambridge, Ontario
- Vacant Land
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.
Price History
Property
- Lot Size
- 0.45 acres
Schools
Elementary
- St Gabriel Catholic Elementary School0.2 km
Catholic · Waterloo CDSB · 530 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Silverheights Public School0.2 km
Public · Waterloo Region DSB · 685 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Hillcrest Public School1.4 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 46% met the provincial standard
Secondary
- Jacob Hespeler Secondary School2.9 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3C
- Population
- 27,518
- Private dwellings
- 9,657
- Median age
- 38.8
- Average household size
- 2.9
- Median household income
- $114,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Cambridge · last 12 months
- Median sold price
- $678,350
- Homes sold
- 1,242
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,242 recorded sales of vacant land properties in Cambridge over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$239,800
Estimated Monthly Payment
$5,890
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,890/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?