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Maybelline Di Giovanni

hello@soldbymaybelline.com +1(888) 311-1172

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

$ 650,000

Est. payment | -/mo

4 Beds

2 Baths

1,421 SqFt

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$ 650,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,421 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,421 sqft

Price per Sqft $457

MLS Listing ID 40849396

Bedrooms 4

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,872

Year Built 1951

Annual Tax Amount $6,688

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Detached

Source Cornerstone

Property Description

**WATERLOO CORNER LOT | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $650,000**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 4 - Waterloo West

Zoning RN6

Rooms

Basement Separate Entrance, Full, Partially Finished

Main Level Bedrooms 1

Bedroom 2 2

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning Stove

Fireplace Yes

Appliance Water Heater, Dryer, Refrigerator, Stove, Washer

Laundry In Basement

Exterior

Exterior Feature Landscaped

Parking Features Attached Garage, Asphalt

Garage Spaces 1.0

Fence Full

Pool In Ground

Roof Type Asphalt Shing

Porch Patio, Porch

Lot Frontage 55.38

Lot Depth 132.0

Garage Yes

Building

Lot Description Urban, City Lot, Highway Access, Hospital, Park, Public Transit, Schools, Shopping Nearby

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 223640022

Ownership Freehold/None

Virtual Tour https://tours.eyefimedia.com/idx/329702

Nearby Locations

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285 Albert Street Waterloo, ON N2L 3T9