289 Albert
289 Albert
289 Albert Side View
Rear yard
Rear Yard
Overhead 289 & 291 Albert
289 & 291 Albert Front Elevated
Overhead View
Overhead View
Elevated Rear
Elevated Rear

289 Albert Street

Waterloo, ON N2L 3T9

ActiveFor Sale
7 Beds
3 Baths
1,500 Sq Ft
Multi-Family

About This Property

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms7
Bathrooms3
Postal CodeN2L 3T9
Last UpdatedAug 8, 2026 · 5:20 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12967362

Listed by ROYAL LEPAGE WOLLE REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,200,000

asking price

MLS®X12967362
TypeMulti-Family
CityWaterloo
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,860

/month · $960,000 mortgage

Down Payment20% — $240,000
Interest Rate5.5%

Amortization

Total Interest

$797,927

Total Cost

$1,757,927

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE WOLLE REALTY