Prime redevelopment opportunity in Waterloo’s sought-after Northdale neighbourhood. Prominent corner lot at Albert Street and Hickory Street offering exceptional exposure, dual frontage, and flexible site access—ideal for future intensification. Strategically located along the Albert Street corridor, a key growth area experiencing rapid transition from low-density housing to mid- and high-rise residential developments, driven by proximity to the University of Waterloo and Wilfrid Laurier University. Adjacent properties at 289, 291 and 293 Albert Street are currently offered for sale, presenting a rare opportunity for purchasers to explore a potential multi-parcel land assembly. The property offers strong interim holding income potential with continued demand for student rentals, while positioning investors and developers to capitalize on future redevelopment in one of Waterloo’s most active intensification zones.
| Room | Level | Size |
|---|---|---|
| Storage | Basement | 4'10'' x 9'10'' |
| Recreation room | Basement | 12'7'' x 16'6'' |
| Bedroom | Basement | 8'11'' x 13'2'' |
| Laundry room | Basement | 12'4'' x 13'5'' |
| Bonus Room | Basement | 11'3'' x 12'10'' |
| 2pc Bathroom | Second level | 3'10'' x 4'6'' |
| Bedroom | Second level | 11'10'' x 12'8'' |
| Bedroom | Second level | 10'5'' x 13'6'' |
| 4pc Bathroom | Main level | 8'5'' x 9'11'' |
| Bedroom | Main level | 10'1'' x 14'10'' |
| Living room | Main level | 13'5'' x 15'9'' |
| Kitchen | Main level | 10'10'' x 11'5'' |