For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Waterloo · Waterloo Region

269 Albert Street

Other

MLS® #X14152482

Listed for$1,150,0002 days on market

2+2 bed 1 bath 5 parking 1100-1500 sq ft~$885/sq ft

New this week
4 schools within 1 km
Transit stop ~320 m

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Est. all-in monthly~$5,922/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

4 schools within ~1 km · nearest transit stop ~0.32 km

Property information

What house buyers ask first

Lot size: 80 × 132 ft
Square footage: 1100-1500 sq ft
Property tax: $6,850 / yr
Parking: 5 spaces · Detached

Property summary

Property type: Other
Style: 2-Storey
Lot size: 80 × 132 ft
Parking: 5 spaces · Detached
Kitchens: 1
Exterior: Brick
Property tax: $6,850 / yr
MLS®: X14152482

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$295,000

Below recent sales

253 Albert Street, Unit 103

1 bed · 2 bath·700-799 sq ft·$525/mo fee

Waterloo

Listed 17 days ago · RE/MAX Twin City Realty Inc.

Condo Apartment

$275,000

Below recent sales

257 HEMLOCK Street, Unit 509

1 bed · 1 bath·500-599 sq ft·$430/mo fee

Waterloo

Listed 56 days ago · Executive Real Estate Services Ltd.

Condo Townhouse

$579,000

Below recent sales

288 Albert Street, Unit 208

4 bed · 3 bath·1800-1999 sq ft·2 parking·$795/mo fee

Waterloo

Listed 11 days ago · RE/MAX Solid Gold Realty (Ii) Ltd

Condo Townhouse

$545,000

Below recent sales

288 Albert Street, Unit 113

3+2 bed · 3 bath·1600-1799 sq ft·1 parking·$582/mo fee

Waterloo

Listed 36 days ago · Realty Wealth Group Inc.

Condo Townhouse

$588,800

Below recent sales

288 Albert Street, Unit 216

3+1 bed · 3 bath·1600-1799 sq ft·1 parking·$648/mo fee

Waterloo

Listed 46 days ago · Royal LePage Signature Realty

Condo Apartment

$349,000$399,000Price reduced from $399,000

Below recent sales

280 Lester Street, Unit 210

1+1 bed · 2 bath·700-799 sq ft·$417/mo fee

Waterloo

Listed 61 days ago · Homelife Landmark Rh Realty

The numbers that matter

Property tax: $6,850/yr
Est. all-in: ~$5,922/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Waterloo Collegiate InstitutePublic · Secondary · Waterloo Region DSB0.5 km
Vanguard High SchoolPrivate · Secondary · ..0.7 km
MacGregor Public SchoolPublic · Elementary & Secondary · Waterloo Region DSB0.9 km
St David Catholic Secondary SchoolCatholic · Secondary · Waterloo CDSB1.0 km
Winston Churchill Public SchoolPublic · Elementary · Waterloo Region DSB1.1 km
Canada TEMS AcademyPrivate · Secondary · ..1.2 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Columbia / AlbertNearest transit · Bus stop~320 m
WaterlooNearest GO / rail · GO / regional rail~2.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Waterloo

$650KMedian sold

34Median days on market

100.1%Sale-to-list

Median sold price · Waterloo1-yr -8% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Waterloo

121,436Population (2021)

36Median age

$94,000Median household income

61.3%Home owners

38.7%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Attention investors, builders and savvy parents! 269 Albert St. is one of the last sizeable lots with great frontage in this area that is developable on its own, with no land assembly required. Undeveloped parcels near the universities are few and far between, and most of what remains has already been bought up by developers for their own future projects. The value here is in the land, and the price is very attractive compared to recent sales of similar-size properties with comparable location and zoning. In the meantime, the existing 4-bedroom house works hard for you: rent it out and collect income until you're ready to redevelop, or buy it for your son or daughter and their friends while they're at school. Hold, rent, and watch your investment appreciate as development properties in this area become scarcer and harder to obtain. Opportunities with this proximity to the Universities are becoming fewer and more desirable as time goes by. (Supply and Demand). In Northdale, a residential development requires a minimum lot frontage of 65.6 feet (20 metres). Most Northdale lots have about 50 feet of frontage, which falls short of that requirement. That's what makes this lot so rare. With 80 feet of frontage, it's a true anomaly in the neighbourhood.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.