285 ALBERT Street
Waterloo, Ontario
4 bed • 2 bath • Single Family
Welcome to this charming brick home on a premium corner lot in one of Waterloo's most sought-after neighbourhoods. Situated just minutes from the University of Waterloo, Wilfrid Laurier University, shopping, transit, parks, and everyday amenities, this well-maintained property offers exceptional flexibility for homeowners, investors, and future-minded buyers alike. Featuring over 1,800 square feet of finished living space, this home offers 4 bedrooms, 2 bathrooms, a separate entrance to the partially finished basement, and a functional layout ideal for family living, multi-generational use, or income-generating opportunities. The property was licensed by the City of Waterloo as a Class B 4-bedroom rental property through March 31, 2026, highlighting its established rental history and appeal in this high-demand university market. Outside, enjoy a private backyard retreat complete with an inground pool, mature landscaping, patio space, and ample parking including an attached garage. Whether you're looking for a home in a prime Waterloo location, an investment property with strong rental demand, or a property with long-term upside, this opportunity delivers. The property's prominent corner location at Albert Street and Hickory Street offers excellent exposure and future potential within Waterloo's rapidly evolving Northdale neighbourhood. Adjacent properties at 289, 291 and 293 Albert Street are also available for sale, creating a rare opportunity for purchasers to explore a potential land assembly and redevelopment project in one of the city's most active growth corridors. Enjoy the property today while securing a strategic real estate asset for tomorrow.
Price History
Property
- Lot Size
- 0.18 acres
Schools
Secondary
- Waterloo Collegiate Institute0.5 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.9 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School1 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Cedarbrae Public School1.8 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,025
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,025 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$170,000
Estimated Monthly Payment
$4,176
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,176/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $213/mo
Estimates only. Consult a financial advisor.
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