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About this home
**WATERLOO CORNER LOT | INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | $650,000**Strategically positioned at **Albert Street & Hickory Street**, this approximately **7,340 sq. ft. corner lot** offers multiple possibilities-**live in it, rent it, invest in it or explore its future potential**, subject to planning, zoning (it is zoned RN6), servicing and municipal approvals. This well-maintained brick home offers **over 1,800 sq. ft. of finished living space**, featuring **4 bedrooms, 2 bathrooms, a functional layout, separate basement entrance, attached single-car garage and ample parking**. The private backyard features an **inground pool, mature landscaping and patio area**, providing an ideal setting for family enjoyment and entertaining. For homeowners, this is an opportunity to own a spacious property in a highly desirable Waterloo location, minutes from the **University of Waterloo, Wilfrid Laurier University, shopping, restaurants, transit, parks and everyday amenities**.For investors, the four-bedroom layout, university proximity and established student-rental history offer attractive possibilities, subject to current City of Waterloo requirements. The property was previously licensed as a **Class B 4-bedroom rental through March 31, 2026**.For future-minded investors or developers, the **prominent corner location and approximately 7,340 sq. ft. lot** provide an opportunity to explore longer-term potential. **Three adjacent Albert Street properties are also available for sale**, allowing interested purchasers to investigate a potential larger land assembly and future redevelopment possibilities, subject to planning, zoning, servicing and municipal approvals.**A rare combination of location, land, flexibility and opportunity in Waterloo.**
Facts & features
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Rooms
12 rooms · 2 bathrooms
- Bathroom9′1″ × 8′6″77 sq.ft.
- Bedroom14′1″ × 10′1″142 sq.ft.
- Kitchen11′6″ × 10′1″116 sq.ft.
- Living room15′11″ × 13′6″215 sq.ft.
- Bathroom4′7″ × 3′1″14 sq.ft.
- Bedroom 213′7″ × 10′6″143 sq.ft.
- Bedroom 312′10″ × 11′1″142 sq.ft.
- Laundry13′6″ × 12′5″167 sq.ft.
- Bedroom 413′2″ × 8′1″107 sq.ft.
- Recreation16′7″ × 12′8″211 sq.ft.
- Other9′1″ × 4′1″37 sq.ft.
- Furnace room12′1″ × 11′4″137 sq.ft.
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