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Basara.

Waterloo · Beechwood/University · Detached · MLS# 40802997

285 ALBERT Street

$1,500,000

4

bed

2

bath

1,872

sqft

1951

built

Detached · $801/sqft

Ask an agent about this property

Listed April 14, 2026

About this home.

Prime redevelopment opportunity in Waterloo’s sought-after Northdale neighbourhood. Prominent corner lot at Albert Street and Hickory Street offering exceptional exposure, dual frontage, and flexible site access—ideal for future intensification. Strategically located along the Albert Street corridor, a key growth area experiencing rapid transition from low-density housing to mid- and high-rise residential developments, driven by proximity to the University of Waterloo and Wilfrid Laurier University. Adjacent properties at 289, 291 and 293 Albert Street are currently offered for sale, presenting a rare opportunity for purchasers to explore a potential multi-parcel land assembly. The property offers strong interim holding income potential with continued demand for student rentals, while positioning investors and developers to capitalize on future redevelopment in one of Waterloo’s most active intensification zones. (id:59491)

The full record.

Property typeDetached
Year built1951
Square footage1,872 sqft
Lot size0.18 acres
Bedrooms4
Bathrooms2
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedApril 14, 2026

How this listing prices against Beechwood/University.

12

Sales

$565,500

Median price

29

Days on market

95.6%

% of list

105

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($300,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$6,869

Principal$1,200,000
Total interest$860,714
Total paid$2,060,714

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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285 ALBERT Street, Waterloo — $1,500,000