FOR SALE
$1,399,900
1657 Cheese Factory, North Dumfries, ON, N0B 1L0
1100-1500
About the Property
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
MLS#:
X13128864
Status:
For Sale
Property Type:
Vacant Land
About the Property
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
MLS#:
X13128864
Status:
For Sale
Property Type:
Vacant Land
Central A/C:
No
Bedrooms:
Heating Fuel:
Bathrooms:
Heating Type:
Parking:
Cross Street:
Fisher Mills Rd - Guelph Ave
Basement:
Maintenance:
Central A/C:
No
Bedrooms:
Heating Fuel:
Bathrooms:
Heating Type:
Parking:
Cross Street:
Fisher Mills Rd - Guelph Ave
Basement:
Maintenance:
Exterior:
Possession Date:
Presented By:
RE/MAX Real Estate Centre Inc.
Exterior:
Possession Date:
Presented By:
RE/MAX Real Estate Centre Inc.