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:4069)
Address
378 ALBERT Street
List Price
$750,000
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Waterloo
Bedrooms
3
Bathrooms
2
Floor Area
1,729 Sq. Ft.
Lot Size
0.24 Sq. Ft.
Year Built
1949
MLS® Number
40701750
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Full (Finished)
Postal Code
N2L3V1
Zoning
R1
Site Influences
Place of Worship, Public Transit, Schools, View
Features
Automatic Garage Door Opener
