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285 Albert Street Waterloo, Ontario N2L 3T9

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4 Bedroom 2 Bathroom 1,872 sqft
Fireplace Inground Pool Central Air Conditioning Forced Air

$1,500,000

Prime redevelopment opportunity in Waterloo’s sought-after Northdale neighbourhood. Prominent corner lot at Albert Street and Hickory Street offering exceptional exposure, dual frontage, and flexible site access—ideal for future intensification. Strategically located along the Albert Street corridor, a key growth area experiencing rapid transition from low-density housing to mid- and high-rise residential developments, driven by proximity to the University of Waterloo and Wilfrid Laurier University. Adjacent properties at 289, 291 and 293 Albert Street are currently offered for sale, presenting a rare opportunity for purchasers to explore a potential multi-parcel land assembly. The property offers strong interim holding income potential with continued demand for student rentals, while positioning investors and developers to capitalize on future redevelopment in one of Waterloo’s most active intensification zones. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential. (id:8999)

Property Details

MLS® Number 40802997
Property Type Single Family
Neigbourhood Northdale
Amenities Near By Hospital, Park, Public Transit, Schools, Shopping
Features Paved Driveway
Parking Space Total 3
Pool Type Inground Pool
Structure Porch

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1951
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Stove
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,872 Sqft
Type House
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Highway Access
Acreage No
Fence Type Fence
Land Amenities Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 55 Ft
Size Irregular 0.18
Size Total 0.18 Ac|under 1/2 Acre
Size Total Text 0.18 Ac|under 1/2 Acre
Zoning Description Rn6

Rooms

Level Type Dimensions
Second Level 2pc Bathroom 4'6'' x 3'10''
Second Level Bedroom 12'8'' x 11'10''
Second Level Bedroom 13'6'' x 10'5''
Basement Storage 9'10'' x 4'10''
Basement Recreation Room 16'6'' x 12'7''
Basement Bedroom 13'2'' x 8'11''
Basement Laundry Room 13'5'' x 12'4''
Basement Bonus Room 12'10'' x 11'3''
Main Level 4pc Bathroom 9'11'' x 8'5''
Main Level Bedroom 14'10'' x 10'1''
Main Level Living Room 15'9'' x 13'5''
Main Level Kitchen 11'5'' x 10'10''

https://www.realtor.ca/real-estate/29600296/285-albert-street-waterloo

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We choose Andrew for our home purchase. It was a good decision.

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