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$699,000
Est. payment /mo
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home, freehold, residential
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X13610856
Style 1 1/2 Storey
Bedrooms 3
Annual Tax Amount $6,688
Tax Year 2026
Property Sub-Type Detached
Property Description
**WATERLOO CORNER LOT | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $699,000**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**, 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.**
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished, Separate Entrance
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Patio, Porch
Parking Features Private Double
Garage Spaces 1.0
Pool Inground
Roof Type Asphalt Shingle
Lot Frontage 55.38
Lot Depth 132.54
Total Parking Spaces 3
Building
Foundation Concrete
Others
ParcelsYN No
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Listed by RE/MAX Real Estate Centre Inc
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