285 ALBERT Street

Waterloo, Ontario N2L3T9

MLS # 40802997

$850,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

Welcome to this charming brick home on a premium corner lot in one of Waterloo's most sought-after neighbourhoods. Situated just minutes from the University of Waterloo, Wilfrid Laurier University, shopping, transit, parks, and everyday amenities, this well-maintained property offers exceptional flexibility for homeowners, investors, and future-minded buyers alike. Featuring over 1,800 square feet of finished living space, this home offers 4 bedrooms, 2 bathrooms, a separate entrance to the partially finished basement, and a functional layout ideal for family living, multi-generational use, or income-generating opportunities. The property was licensed by the City of Waterloo as a Class B 4-bedroom rental property through March 31, 2026, highlighting its established rental history and appeal in this high-demand university market. Outside, enjoy a private backyard retreat complete with an inground pool, mature landscaping, patio space, and ample parking including an attached garage. Whether you're looking for a home in a prime Waterloo location, an investment property with strong rental demand, or a property with long-term upside, this opportunity delivers. The property's prominent corner location at Albert Street and Hickory Street offers excellent exposure and future potential within Waterloo's rapidly evolving Northdale neighbourhood. Adjacent properties at 289, 291 and 293 Albert Street are also available for sale, creating a rare opportunity for purchasers to explore a potential land assembly and redevelopment project in one of the city's most active growth corridors. Enjoy the property today while securing a strategic real estate asset for tomorrow.

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Property taxes: about $531/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Storage	Basement	4'10'' x 9'10''
Recreation room	Basement	12'7'' x 16'6''
Bedroom	Basement	8'11'' x 13'2''
Laundry room	Basement	12'4'' x 13'5''
Bonus Room	Basement	11'3'' x 12'10''
2pc Bathroom	Second level	3'10'' x 4'6''
Bedroom	Second level	11'10'' x 12'8''
Bedroom	Second level	10'5'' x 13'6''
4pc Bathroom	Main level	8'5'' x 9'11''
Bedroom	Main level	10'1'' x 14'10''
Living room	Main level	13'5'' x 15'9''
Kitchen	Main level	10'10'' x 11'5''