285 Albert Street W, Waterloo, ON N2L 3T9

Property Description

**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!