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For Sale

289 Albert Street

Waterloo, ON
$1,200,000
7Bd
3Ba
1,750+sqft
4Parking
58 x 132 ftlot
$686/sqft
MultiplexMLS# X12967362Listed 2026-04-0711 DOM
Cooling
Central Air
Basement
Finished

About this home

Redevelopment Opportunity, Prime Location on High Traffic Albert Street. Can be purchased with 291 Albert Street. Adjacent properties at 285 and 293 Albert Street are also for sale for a larger parcel. Currently leased to provide income while you plan your redevelopment project. Zoning RN-6. Legal Duplex. Licensed for 7. Leased Until August 2027.

Features

  • Accessory Apartment
  • Primary Bedroom - Main Floor
  • Finished
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$8,439

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield4.5% – 7.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Waterloo

Days on market11 days
Buyer's MarketSeller's Market

Based on active listings in Waterloo. Data updates daily.

Our estimate for this home

Priced 43.6% above estimate
Estimated range
$773K$899K
Mid-point $836K · ~$478/sqft
How this listing compares
$773KList · $1.20M$899K
High confidence·Based on 59 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,200,000
289 Albert Street, Waterloo
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