
285 ALBERT Street, Waterloo, Ontario
$650,000
- 4 Beds
- 2 Baths
- 1,872 Square Feet
**WATERLOO CORNER LOT | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $650,000**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**, 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.** (id:23309)
- Listing ID: 40849396
- Property Type: Single Family
- Year Built: 1951
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This property for sale is located at 285 ALBERT Street in Waterloo. It was last modified on August 20th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.
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