For Sale - 285 Albert Street, Waterloo, Ontario

Est payment $2,881/mo
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Time on Jump  1 days



**waterloo corner lot home | investment & future development opportunity | $599,999**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**, change to current use 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.**
Listing IDX13709352
Address285 Albert Street
CityWaterloo, Ontario
Price$599,999
Bed / Bath4 / 2 Full
Style1 1/2 Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Water Heater OwnedOutdoor Features Patio, PorchOwnership FreeholdBasement Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
ASAP

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Listing Agency:  RE/MAX Real Estate Centre Inc

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285 Albert Street
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