285 Albert Street W Waterloo, Ontario N2L 3T9

$1,500,000

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. (id:42776)

Property Details

MLS® Number	X13000362
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	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/29606784/285-albert-street-w-waterloo