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$1,250,000
Est. payment /mo
4 Beds
2 Baths
Price Dropped by $250K
285 Albert ST W Waterloo, ON N2L 3T9
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X13000362
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $6,377
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished, Separate Entrance
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Patio, Porch
Parking Features Private Double
Garage Spaces 1.0
Pool Inground
Roof Type Asphalt Shingle
Lot Frontage 55.38
Lot Depth 132.54
Total Parking Spaces 3
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX Real Estate Centre Inc
Nearby Locations
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