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291 Albert Street

291 Albert Street

Waterloo, ON

5 bed • 2 bath • approx. 1100-1500 sqft • Detached • 137 days on market

$1,200,000

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

Listing Details

Taxes (2025)
$6,124
Listed
April 7, 2026

Price History

Property

Style
Bungalow
Construction
Brick, Aluminum Siding
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Accessory Apartment
Lot Size
54 x 131 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Hickory
Zoning
RN-6
Parcel Number
223640024
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Exclusions
Tenant's Belongings.

Schools

Secondary

  • Waterloo Collegiate Institute0.4 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

Residential Freehold in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,031
Median days on market
21
Sale-to-list price
99.8%

Based on 1,031 recorded sales of residential freehold properties in Waterloo over the last 12 months.

Listed by

ROYAL LEPAGE WOLLE REALTY

Location

Mortgage Calculator

$240,000

Estimated Monthly Payment

$5,895

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,895/mo (20% down, 5.5%)

Taxes: $510/mo · Insurance: $300/mo

Estimates only. Consult a financial advisor.

R

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