269 Albert St

Waterloo, Ontario N2L 3T7

For Sale · MLS® X14152482 · TRREB MLS®
2+2
Beds
1
Baths
1100-1500
Sqft
1
Parking
Other
Type

Description

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)

01 / Property recordListing details

Key Facts

MLS® #
X14152482
Board
TRREB MLS®
Days on market
Tax
$6,850
Size
1100-1500 sqft
Lot
80 × 132 Feet
Parking
1 Detached, 5 Parking

Listing History

Listing activity for 269 Albert St, Waterloo, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,150,000N/AFor SaleX14152482

Property Details

Property

Property Type
Other
Style
2-Storey
Municipality
Waterloo

Inside

Bedrooms
2+2
Bathrooms
1
Bathroom Detail
1, 4pc
Kitchens
1

Building

Size
1100-1500 sqft
Construction
Brick

Parking

Garage Type
Detached
Garage
1
Add. Parking
4
Total Parking
5

Land

Lot Size
80 × 132 Feet
Lot Size Code
Feet

Additional

Foundation
Unknown
Roof
Asphalt Shingle
Pool
None

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$5,272

  • Down payment$230,000
  • Mortgage amount$920,000
  • Total interest$661,600
  • Total cost$1,811,600

Cash flow analysis

$5,272

Total monthly payment

$5,843

Break-even down payment

100%

Cash flow-$5,843
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$1,150,000

$1,150,000

CAD

Estimate unavailable

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