view of front of home featuring brick siding, a chimney, roof with shingles, and a front lawn Features: lawn, porch, shingle roof, stoop, vertical siding, chimney, board batten siding, brick siding More Photos

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    For Sale - 289 Albert Street, Waterloo, Ontario

    Est payment $5,762/mo
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    Views   3
    Time on Jump  135 day

    AI Summary *

    • Great redevelopment opportunity in a high-traffic area on Albert Street.
    • Option to purchase adjacent properties for a larger development parcel.
    • Currently leased, providing steady income during planning phase.
    • Zoned RN-6, offering flexibility for various redevelopment options.
    • Legal duplex licensed for seven occupants, enhancing rental potential.




    High income licensed student rental or redevelopment opportunity, prime location on high traffic albert street. Four adjacent properties are currently for sale 285, 289, 291 & 293 albert street. Group this property with 285 albert for corner access, add 291 albert for a larger project or add 293 albert for the full land assembly and the opportunities that provides. Can be purchased individually as an excellent student rental property or with neighbouring properties. Currently leased to provide income while you plan your redevelopment project. Zoning rn-6. Legal duplex. Licensed for 7. Leased until august 2027.
    Listing IDX12967362
    Address289 Albert Street
    CityWaterloo, Ontario
    Price$1,200,000
    Bed / Bath7 / 3 Full
    Style1 1/2 Storey, Duplex
    ConstructionBrick, Aluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Accessory Apartment, Primary Bedroom - Main FloorOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE WOLLE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    289 Albert Street
    Waterloo , Ontario
    7 3 $1,200,000
    Get more info