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Basara.

Waterloo · Beechwood/University · Multi-family · MLS# 40817561

291 ALBERT Street

$1,200,000

4

bed

2

bath

1,103

sqft

Multi-family · $1088/sqft

Listed April 7, 2026

About this home.

Redevelopment Opportunity, Prime Location on High Traffic Albert Street. Can be purchased with 289 Albert Street. Adjacent properties at 285 and 293 Albert Street are also for sale for a larger parcel. Currently leased to provide income while you plan your redevelopment project. Zoning RN-6. (id:59491)

The full record.

Property typeMulti-family
Square footage1,103 sqft
Lot size0 acres
Bedrooms4
Bathrooms2
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ExteriorWood frame
ListedApril 7, 2026

How this listing prices against Beechwood/University.

13

Sales

$570,000

Median price

35

Days on market

94.4%

% of list

111

Active listings

N/A

Months supply

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($240,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$5,495

Principal$960,000
Total interest$688,571
Total paid$1,648,571

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

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

291 ALBERT Street, Waterloo — $1,200,000 | Basara