285 Albert St W, Waterloo, ON N2L 3T9

* * WATERLOO CORNER LOT HOME | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $599,999 * * Strategically positioned at * * Albert Street & Hickory Street * * , this approximately * * 7,340 sq. 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. * *