Welcome to 378 Albert Street! Located on one of the most sought-after student streets in town, this property is ideal for investors that take comfort in seeking great proximity to both univerities. The property is just a five minute walk to University of Waterloo (UW) and a ten minute walk to Wilfird Laurier University (WLU). This meticulously maintained home is located on an oversized 70 foot x 155 foot lot. In a proposed rezoning scenario, this is a compelling redevelopment opportunity. After noting the recent price growth of the adjacent Northdale neighborhood following the introduction of Northdale Mixed Use zoning, the upcoming Sugarbush South Corridor Expansion Initiative may offer exceptional future redevelopment possibilities. Currently a single family home with many updates, it is well maintained with ample parking. Enjoy hardwood flooring, upgraded windows, large deck with awning, 2 bedrooms upstairs, main floor primary bedroom and fully finished basement. Detached garage. This property is truly turn-key, with minimal effort needed to start earning rental income. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes. |
Price | $750,000 |
Taxes: | $5561.00 |
Assessment: | $437000 |
Assessment Year: | 2025 |
Address: | 378 Albert St , Waterloo, N2L 3V1, Ontario |
Lot Size: | 70.00 x 155.00 (Acres) |
Acreage: | < .50 |
Directions/Cross Streets: | Albert Street and Columbia Street |
Rooms: | 7 |
Rooms +: | 3 |
Bedrooms: | 3 |
Bedrooms +: | 0 |
Kitchens: | 1 |
Kitchens +: | 0 |
Family Room: | N |
Basement: | Finished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Bathroom | 9.77 | 4.99 | |
Room 2 | Main | Dining | 13.84 | 11.02 | |
Room 3 | Main | Kitchen | 14.63 | 9.25 | |
Room 4 | Main | Living | 14.63 | 13.71 | |
Room 5 | Main | Prim Bdrm | 13.78 | 8.79 | |
Room 6 | 2nd | 2nd Br | 13.28 | 9.61 | |
Room 7 | 2nd | 3rd Br | 11.28 | 9.61 | |
Room 8 | Bsmt | Bathroom | 7.18 | 3.77 | 2 Pc Bath |
Room 9 | Bsmt | Laundry | 7.9 | 6.95 | |
Room 10 | Bsmt | Rec | 19.68 | 6.95 | |
Room 11 | Bsmt | Utility | 7.22 | 10.82 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 2 | Bsmt |
Approximatly Age: | 51-99 |
Property Type: | Detached |
Style: | 1 1/2 Storey |
Exterior: | Vinyl Siding |
Garage Type: | Detached |
Drive Parking Spaces: | 3 |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 1100-1500 |
Fireplace/Stove: | Y |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Lower |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE WOLLE REALTY |
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Type: | Freehold - Detached |
Area: | Waterloo |
Municipality: | Waterloo |
Neighbourhood: | |
Style: | 1 1/2 Storey |
Lot Size: | 70.00 x 155.00(Acres) |
Approximate Age: | 51-99 |
Tax: | $5,561 |
Maintenance Fee: | $0 |
Beds: | 3 |
Baths: | 2 |
Garage: | 0 |
Fireplace: | Y |
Air Conditioning: | |
Pool: | None |