$1,200,000
PRICE
7
BEDROOMS
3
BATHROOMS
X12967362
MLSID
289 Albert Street, Waterloo
High Income Licensed Student Rental or Redevelopment Opportunity, Prime Location on High Traffic Albert Street. Four adjacent properties are currently for sale 285, 289, 291 & 293 Albert Street. Group this property with 285 Albert for corner access, add 291 Albert for a larger project or add 293 Albert for the full land assembly and the opportunities that provides. Can be purchased individually as an excellent student rental property or with neighbouring properties. Currently leased to provide income while you plan your redevelopment project. Zoning RN-6. Legal Duplex. Licensed for 7. Leased Until August 2027.
Summary
Address
289 Albert Street
City
Street
MLSID
X12967362
Property Type
Duplex
Property Category
Bedrooms
7
Bathrooms
3
Kitchens
2
Zoning
SR2
Taxes (Annual)
$8,439.00
Tax Year
2025
Published
April 7, 2026
Days on Market
142 Days
Possession Type
Flexible
Possession Details
Flexible
Exclusions
Tenant's Belongings
Details
Basement
Finished
Interior Features
Accessory Apartment, Primary Bedroom - Main Floor
Parking Spaces
3
Parking Total
4
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Aluminum Siding
Lot Width
58 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE WOLLE REALTY