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 143 days ago

355 Guelph Ave, Cambridge, Ontario N3C 2V3

Land
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$•••,•••
$1,199,000
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Land
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Highlights

Property Estimate

Days on market143 days

Total days on market
230 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

Strong Buyer's Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2025

26 days

2024

28 days

2023

18 days

New Listings

Past 30 days

305 listings

Compared to

2025

396 listings

2024

381 listings

2023

335 listings

Units sold

Past 30 days

90 units

Compared to

2025

150 units

2024

150 units

2023

140 units

Median Sold Price

Past 30 days

$632,500

Compared to

2025

$697,450

2024

$721,500

2023

$729,000


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