285 Albert Street Waterloo, Ontario N2L 3T9

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

$699,000

**NEW PRICE — $699,000! $76,000 PRICE REDUCTION!** A rare opportunity to own a versatile 4-bedroom home on a premium corner lot in one of Waterloo's most sought-after and rapidly evolving neighbourhoods. **Live in it, enjoy it, rent it or invest in its future potential**—285 Albert Street offers several ways to make this property work for you. Offering over 1,800 sq. ft. of finished living space, this well-maintained brick home features 4 bedrooms, 2 bathrooms, a functional layout, separate basement entrance, attached single-car garage and ample parking. The private backyard is a true bonus, with an inground pool, mature landscaping and patio area—an ideal setting for family enjoyment and entertaining. The location is exceptional, just minutes from the University of Waterloo, Wilfrid Laurier University, shopping, restaurants, transit, parks and everyday amenities. The property also has an established student-rental history and was licensed by the City of Waterloo as a Class B 4-bedroom rental property through March 31, 2026, adding appeal for investors and buyers considering future rental use, subject to current City requirements. For the family buyer, this is an opportunity to own a spacious home in a highly desirable location. For the investor, the four-bedroom layout, university proximity and rental history offer attractive possibilities. And for the future-minded purchaser, the prominent corner location at Albert Street and Hickory Street provides additional long-term potential. Three adjacent properties at Albert Street are also available for sale, creating an opportunity for interested purchasers to explore a potential land assembly and future redevelopment possibilities within Waterloo's active Northdale growth corridor. **Multiple possibilities. One exceptional Waterloo location. Now offered at $699,000.** Come see the potential for yourself! (id:49967)

Property Details

MLS® Number 40849396
Property Type Single Family
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 Bonus Room 12'10'' x 11'3''
Basement Laundry Room 13'5'' x 12'4''
Basement Bedroom 13'2'' x 8'11''
Basement Recreation Room 16'6'' x 12'7''
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/30081564/285-albert-street-waterloo

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