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293 ALBERT Street

$1,200,000

293 ALBERT Street, Waterloo, Ontario, N2L 3T9

MLS® # 40819110

Waterloo ON, N2L 3T9

MLS® # 40819110

Property Information:

One of the last remaining parcels in a prime Waterloo development assembly. Value is in the land — the area's intensification trajectory is policy-driven and inevitable, anchored by the ION LRT corridor where over $3 billion in development has already taken shape. Benefit from existing tenancy and cash flow while you hold, then redevelop when the time is right. A rare opportunity to get in at the ground level before the assembly is complete. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 1006 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 2
Floor Space (approx): 1006 Square Feet
Lot Depth: 132 Feet
Lot Frontage: 52 Feet
Zoning: (H)RN-6
Sewer: Municipal sewage system
No. of Parking Spaces: 3

Courtesy of: RE/MAX Real Estate Centre Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 293 ALBERT Street, Waterloo, Ontario, N2L 3T9

Lifestyle
Neighbourhood

Demographic Information of 293 ALBERT Street, Waterloo, Ontario, N2L 3T9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$57,403.85

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

1.84 %

High school certificate or equivalent

44.01 %

Apprenticeship trade certificate/diploma

0.88 %

College/non-university certificate

7.85 %

University certificate (below bachelor)

1.23 %

University Degree

44.19 %

Commuter

Travel To Work

By Car

51.37 %

By Public Transit

25.77 %

By Walking

16.99 %

By Bicycle

2.1 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.02 %

Houses

5.98 %

Own Vs. Rent