285 Albert Street W Waterloo, Ontario N2L 3T9

$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:19593)

Property Details

MLS® Number	X13610856
Property Type	Single Family
Parking Space Total	3
Pool Type	Inground Pool
Structure	Patio(s), Porch

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Appliances	Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	N/a (finished), N/a
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Fireplace Present	Yes
Foundation Type	Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Sqft
Type	House
Utility Water	Municipal Water

Parking

Attached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	132 Ft ,6 In
Size Frontage	55 Ft ,4 In
Size Irregular	55.4 X 132.5 Ft
Size Total Text	55.4 X 132.5 Ft
Zoning Description	Rn6

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom 2	13.6 m	10.5 m	13.6 m x 10.5 m
Second Level	Bedroom 3	12.8 m	11.1 m	12.8 m x 11.1 m
Second Level	Bathroom	4.6 m	3.11 m	4.6 m x 3.11 m
Basement	Furnace	12.1 m	11.3 m	12.1 m x 11.3 m
Basement	Other	9.1 m	4.1 m	9.1 m x 4.1 m
Basement	Recreational, Games Room	16.6 m	12.7 m	16.6 m x 12.7 m
Basement	Bedroom 4	13.2 m	8.11 m	13.2 m x 8.11 m
Basement	Laundry Room	13.5 m	12.4 m	13.5 m x 12.4 m
Main Level	Kitchen	11.5 m	10.1 m	11.5 m x 10.1 m
Main Level	Living Room	15.9 m	13.5 m	15.9 m x 13.5 m
Main Level	Bedroom	14.1 m	10.1 m	14.1 m x 10.1 m
Main Level	Bathroom	9.11 m	8.5 m	9.11 m x 8.5 m

https://www.realtor.ca/real-estate/30085017/285-albert-street-w-waterloo