Listed by Re/Max Real Estate Centre Inc.

285 Albert Street W is a Detached, 1 1/2 Storey and is currently for Sale @ $599,999. Taxes in 2026 were $6,688.65.

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**WATERLOO CORNER LOT HOME | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $599,999**Strategically positioned at **Albert Street & Hickory Street**, this approximately **7,340 sq. The 1 1/2 Storey on 285 Albert Street W has 3 bedrooms, 2 bathrooms, and is located on a 132.54 x 55.38 ft lot in the community of . ft. corner lot** offers multiple possibilities-**live in it, rent it, invest in it or explore its future potential**, change to current use subject to planning, zoning (it is zoned RN6), servicing and municipal approvals. This well-maintained brick home offers **over 1,800 sq. ft. of finished living space**, featuring **4 bedrooms, 2 bathrooms, a functional layout, separate basement entrance, attached single-car garage and ample parking**. The private backyard features an **inground pool, mature landscaping and patio area**, providing an ideal setting for family enjoyment and entertaining. For homeowners, this is an opportunity to own a spacious property in a highly desirable Waterloo location, minutes from the **University of Waterloo, Wilfrid Laurier University, shopping, restaurants, transit, parks and everyday amenities**.For investors, the four-bedroom layout, university proximity and established student-rental history offer attractive possibilities, subject to current City of Waterloo requirements. The property was previously licensed as a **Class B 4-bedroom rental through March 31, 2026**.For future-minded investors or developers, the **prominent corner location and approximately 7,340 sq. ft. lot** provide an opportunity to explore longer-term potential. **Three adjacent Albert Street properties are also available for sale**, allowing interested purchasers to investigate a potential larger land assembly and future redevelopment possibilities, subject to planning, zoning, servicing and municipal approvals.**A rare combination of location, land, flexibility and opportunity in Waterloo.**

Dryer, Refrigerator, Stove, Washer (as is)

The address 285 Albert Street W was listed for sale (MLS# X13709352) on Tuesday, August 25, 2026.