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:4069)
Address
285 ALBERT Street
List Price
$1,500,000
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Bedrooms
4
Bathrooms
2
Floor Area
1,872 Sq. Ft.
Lot Size
0.18 Sq. Ft.
Year Built
1951
MLS® Number
40802997
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Basement Area
Full (Partially finished)
Postal Code
N2L3T9
Zoning
RN6
Site Influences
Hospital, Park, Public Transit, Schools, Shopping
Features
Paved driveway
