$699,000
Available - For Sale
Listing ID: X13610856
285 Albert Street West , Waterloo, N2L 3T9, Waterloo
| **WATERLOO CORNER LOT | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $699,000**Strategically positioned at **Albert Street & Hickory Street**, this approximately **7,340 sq. ft. corner lot** offers multiple possibilities-**live in it, rent it, invest in it or explore its future potential**, subject to planning, zoning (it is zoned RN6), servicing and municipal approvals. This well-maintained brick home offers **over 1,800 sq. ft. of finished living space**, featuring **4 bedrooms, 2 bathrooms, a functional layout, separate basement entrance, attached single-car garage and ample parking**. The private backyard features an **inground pool, mature landscaping and patio area**, providing an ideal setting for family enjoyment and entertaining. For homeowners, this is an opportunity to own a spacious property in a highly desirable Waterloo location, minutes from the **University of Waterloo, Wilfrid Laurier University, shopping, restaurants, transit, parks and everyday amenities**.For investors, the four-bedroom layout, university proximity and established student-rental history offer attractive possibilities, subject to current City of Waterloo requirements. The property was previously licensed as a **Class B 4-bedroom rental through March 31, 2026**.For future-minded investors or developers, the **prominent corner location and approximately 7,340 sq. ft. lot** provide an opportunity to explore longer-term potential. **Three adjacent Albert Street properties are also available for sale**, allowing interested purchasers to investigate a potential larger land assembly and future redevelopment possibilities, subject to planning, zoning, servicing and municipal approvals.**A rare combination of location, land, flexibility and opportunity in Waterloo.** |
| Price | $699,000 |
| Taxes: | $6688.65 |
| Assessment Year: | 2026 |
| Occupancy: | Vacant |
| Address: | 285 Albert Street West , Waterloo, N2L 3T9, Waterloo |
| Directions/Cross Streets: | Hickory |
| Rooms: | 7 |
| Rooms +: | 3 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Finished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 37.72 | 33.13 | |
| Room 2 | Main | Living Ro | 52.15 | 44.28 | |
| Room 3 | Main | Bedroom | 46.25 | 33.13 | |
| Room 4 | Main | Bathroom | 29.88 | 27.88 | 4 Pc Bath |
| Room 5 | Second | Bedroom 2 | 44.61 | 34.44 | |
| Room 6 | Second | Bedroom 3 | 41.98 | 36.41 | |
| Room 7 | Second | Bathroom | 15.09 | 10.2 | 2 Pc Bath |
| Room 8 | Basement | Recreatio | 54.45 | 41.66 | |
| Room 9 | Basement | Bedroom 4 | 43.3 | 26.6 | |
| Room 10 | Basement | Laundry | 44.28 | 40.67 | |
| Room 11 | Basement | Furnace R | 39.69 | 37.06 | |
| Room 12 | Basement | Other | 29.85 | 13.45 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 2 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 2 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 2 | Second |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Main |
| Washroom Type 17 | 2 | Second |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 1 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | Inground |
| Approximatly Square Footage: | 1100-1500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX Real Estate Centre Inc |
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Anne Saint-Amour
Sales Representative
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | 1 1/2 Storey |
| Tax: | $6,688.65 |
| Beds: | 3+1 |
| Baths: | 2 |
| Fireplace: | Y |
| Pool: | Inground |
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