285 ALBERT Street

$1,500,000
4 Beds2 Baths1,872 sqft3 Parking
Waterloo, OntarioMLS® #40802997Active

Listing 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. (id:65080)

Property Summary

Property TypeHouse
Building TypeSingle Family
Storeys1.5
Year Built1951
Living Area1,872 sqft
Lot Size0.18
Neighbourhood417 - Beechwood/University
ZoningRN6
Days on Market2
ListedApril 14, 2026

Bedrooms & Bathrooms

Bedrooms4
Bedrooms (Above Grade)3
Bedrooms (Below Grade)1
Bathrooms2

Building

ExteriorBrick

Interior

AppliancesWasher, Refrigerator, Stove, Dryer
BasementPartially finished, Full

Utilities

HeatingForced air, Natural gas
CoolingCentral air conditioning
WaterMunicipal water
SewerMunicipal sewage system

Parking

Total Parking3
Parking FeaturesAttached Garage

Financial

Annual Taxes$6,377

Room Dimensions

RoomLevelDimensionsDescription
StorageBasement4'10'' x 9'10''
Recreation roomBasement12'7'' x 16'6''
BedroomBasement8'11'' x 13'2''
Laundry roomBasement12'4'' x 13'5''
Bonus RoomBasement11'3'' x 12'10''
2pc BathroomSecond level3'10'' x 4'6''
BedroomSecond level11'10'' x 12'8''
BedroomSecond level10'5'' x 13'6''
4pc BathroomMain level8'5'' x 9'11''
BedroomMain level10'1'' x 14'10''
Living roomMain level13'5'' x 15'9''
KitchenMain level10'10'' x 11'5''

Community & Outdoor

PoolInground pool
FencingFence

Location

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Abdul Basharmal

Abdul Basharmal

REALTOR® · RE/MAX Twin City

(905) 906-0045
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Listing data provided through the CREA Data Distribution Facility (DDF®). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. All information deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-04-17.