285 Albert St, Waterloo, ON N2L 3T9, Canada
285 Albert St, Waterloo, ON N2L 3T9, CanadaBasics
- Date added: Added 5 hours ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 4
- Bathrooms: 2
- Area: 1421 sq ft
- Year built: 1951
- Bathrooms Half: 1
- Rooms Total: 12
- County Or Parish: Waterloo
- Bathrooms Full: 1
- Lot Size Square Feet: 7840.8 sq ft
- Lot Size Acres: 0.18 sq ft
- MLS ID: 40857800
Description
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Description:
**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.**
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Location
- Parking Total: 3
- Directions: University to Albert, corner of Albert St & Hickory St
Building Details
- Building Area Total: 1872 sq ft
- Number Of Buildings: 0
- Parking Features: Attached Garage, Asphalt
- Covered Spaces: 1
- Construction Materials: Brick
- Garage Spaces: 1
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Patio & Porch Features: Patio, Porch
- Architectural Style: Traditional
- Appliances: Water Heater, Dryer, Refrigerator, Stove, Washer
- Pool Features: In Ground
- Sewer: Sewer (Municipal)
- Exterior Features: Landscaped
- Cooling: Central Air
- Attached Garage Yes/ No: 1
- Heating: Forced Air, Natural Gas
- Frontage Type: West
- Fireplace Features: Wood Burning Stove
- Fencing: Full