A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 355 Guelph Ave, Cambridge Ontario N3C 2V3
Re-listed 5 days ago

355 Guelph Ave, Cambridge, Ontario N3C 2V3

Land
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- sqft
$•••,•••
$1,299,000
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Land
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Highlights

Property Estimate

Days on market5 days

Total days on market
91 days

Estimated valueNot available

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Description

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

StyleOther
View-
Age of property-
SqFt-
Lot Size19,800 SqFt(150 x 132)
Parking Spaces-
MLS ®NumberX13128864
Community NameCambridge
Data SourceTRREB
Listing byRE/MAX Real Estate Centre Inc.

Features

Lot size: 19,800 SqFt

Property listed by RE/MAX Real Estate Centre Inc., Brokerage
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Market Data - Cambridge

Geo Zone Map ThumbnailCambridge

Balanced Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2025

23 days

2024

18 days

2023

15 days

New Listings

Past 30 days

351 listings

Compared to

2025

362 listings

2024

354 listings

2023

252 listings

Units sold

Past 30 days

164 units

Compared to

2025

167 units

2024

188 units

2023

191 units

Median Sold Price

Past 30 days

$678,400

Compared to

2025

$715,000

2024

$743,000

2023

$747,500


Population and Demographics

Overview

Total population 130404
Average household income $119,013

Age (%)

0 to 19
24%
20 to 34
20%
35 to 49
20%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
70%
Single person
25%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
81%
Portuguese
4%
Others
4%
Punjabi (Panjabi)
2%
Urdu
2%
Gujarati
1%
Spanish
1%
French
1%

House tenancy (%)

Owners
68%
Renters
32%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget