For Sale: 285 Albert Street, Waterloo, ON - REW
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$599,999
4 bd • 2 ba • 1421 sf • House
285 Albert Street
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$599,999
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285 Albert StreetWaterloo, ON, N2L 3T9

  • 4 Bed
  • 2 Bath
  • 1421 Sqft
  • House

About this home

**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.**
Listed by: Clare Dove, RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

Home facts and features

Price details
List Price
$599,999
Get Pre-Approved
Gross Taxes for 2026
$6,689
Home facts
Bedrooms
4
Full Bathrooms
1
Partial Bathrooms
1
Parking Spaces
3
Parking Details
Attached Garage, Asphalt
Property Type
House
Lot Size
55 ft x 132 ft (7300 ft²)
Depth
132.0
Frontage
55.3
Year Built
Built in 1951 (75 yrs old)
Style
Traditional
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Pool
In Ground
Basement Details
Separate Entrance,Full,Partially Finished
Features
In Basement, Landscaped, Wood Burning Stove
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Secondary Agent
Secondary Broker
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Listing details
Days on REW
12 Days
Property Views
20
MLS® Number
40857800
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
St David Catholic Secondary School
  • Catholic
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Winston Churchill Public School
  • Public
  • JK - 6
Cedarbrae Public School
  • Public
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Keatsway Public School
  • Public
  • JK - 6
É Élém L'Harmonie
  • Public
  • JK - 8
Lincoln Heights Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Clare Dove
Phone:
(519) 623-6200
Cell:
519-841-3508
Office:
519-623-6200
Fax:
519-623-3541
Jeanette Dove
Phone:
(519) 841-3408
Cell:
519-841-3408
Office:
519-623-6200
Fax:
519-623-3541
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