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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 599,999

Est. payment | -/mo

4 Beds

2 Baths

1,872 SqFt

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$ 599,999

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,872 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1872

Square Footage 1,872 sqft

Price per Sqft $320

Subdivision 417 - Beechwood/University

MLS® Listing ID 40857800

Style Other

Bedrooms 4

Half Baths 1

Year Built 1951

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Freehold

Property Description

**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.** (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 4'6'' x 3'10'' 2pc Bathroom

Extra Room 2 Second level 12'8'' x 11'10'' Bedroom

Extra Room 3 Second level 13'6'' x 10'5'' Bedroom

Extra Room 4 Basement 9'10'' x 4'10'' Storage

Extra Room 5 Basement 12'10'' x 11'3'' Bonus Room

Extra Room 6 Basement 13'5'' x 12'4'' Laundry room

Interior

Heating Forced air,

Cooling Central air conditioning

Fireplaces Number 1

Fireplaces Type Stove

Exterior

Parking Features Yes

Fence Fence

View Y/N No

Attached Garage Yes

Total Parking Spaces 3

Garage Yes

Private Pool Yes

Building

Story 1.5

Sewer Municipal sewage system

Architectural Style Other

Others

Ownership Freehold

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Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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285 ALBERT Street Waterloo, ON N2L3T9