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378 Albert Street Waterloo, Ontario N2L 3V1

3 Bedroom 2 Bathroom 1729 sqft
Fireplace Central Air Conditioning Forced Air

$750,000

Welcome to 378 Albert Street! Located on one of the most sought-after student streets in town, this property is ideal for investors that take comfort in seeking great proximity to both univerities. The property is just a five minute walk to University of Waterloo (UW) and a ten minute walk to Wilfird Laurier University (WLU). This meticulously maintained home is located on an oversized 70 foot x 155 foot lot. in a proposed rezoning scenario, this is a compelling redevelopment opportunity. After noting the recent price growth of the adjacent Northdale neighborhood following the introduction of Northdale Mixed Use zoning, the upcoming Sugarbush South Corridor Expansion Initiative may offer exceptional future redevelopment possibilities. Currently a single family home with many updates, it is well maintained with ample parking. Enjoy hardwood flooring, upgraded windows, large deck with awning, 2 bedrooms upstairs, main floor primary bedroom and fully finished basement. Detached garage. This property is truly turn-key, with minimal effort needed to start earning rental income. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity—this property checks all the boxes. (id:41954)

Property Details

MLS® Number 40701750
Property Type Single Family
Amenities Near By Place Of Worship, Public Transit, Schools
Equipment Type Water Heater
Features Automatic Garage Door Opener
Parking Space Total 6
Rental Equipment Type Water Heater
View Type City View

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Dryer, Refrigerator, Stove, Washer, Garage Door Opener
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1949
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fireplace Fuel Electric
Fireplace Present Yes
Fireplace Total 2
Fireplace Type Other - See Remarks
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1729 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 155 Ft
Size Frontage 70 Ft
Size Irregular 0.24
Size Total 0.24 Ac|under 1/2 Acre
Size Total Text 0.24 Ac|under 1/2 Acre
Zoning Description R1

Rooms

Level Type Dimensions
Second Level Bedroom 11'3'' x 9'7''
Second Level Bedroom 13'3'' x 9'7''
Basement Utility Room 7'3'' x 10'10''
Basement Recreation Room 19'8'' x 22'1''
Basement Laundry Room 7'11'' x 7'0''
Basement 2pc Bathroom 7'2'' x 3'9''
Main Level Primary Bedroom 13'10'' x 8'10''
Main Level Living Room 14'8'' x 13'8''
Main Level Kitchen 14'8'' x 9'3''
Main Level Dining Room 13'10'' x 11'0''
Main Level 4pc Bathroom 9'9'' x 5'0''

https://www.realtor.ca/real-estate/27967741/378-albert-street-waterloo

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