86 Albert Street

Welcome to 86 Albert Street, Waterloo – a rare opportunity in the heart of this vibrant city! This charming detached house for sale in Waterloo is nestled in the prestigious Albert-MacGregor Heritage Conservation District, offering a delightful blend of timeless character and modern versatility. With over 2,300 finished square feet spread across two and a half storeys, this property is brimming with potential.

As you step inside, you’ll immediately notice the original features that give this home its unique charm. The thin plank hardwood flooring, wide wood baseboards, and elegant French doors create a warm and inviting atmosphere. The layout currently consists of two separate three-bedroom units, each equipped with City-approved rental licences and in-suite laundry facilities. This configuration presents an exciting opportunity for those looking to generate income, with the potential to earn an impressive £64,800 in gross annual income. If you prefer a single-family residence, a simple removal of one wall on the main floor can easily convert this house for sale in Waterloo back into a spacious family home.

The property boasts a total of 12 rooms, including four bedrooms and two dens, which provide ample space for families or those who work from home. With two kitchens, meal preparation will be a breeze, whether you’re hosting a dinner party or simply enjoying a quiet night in. Although there is no family room, the generous layout allows for flexible living arrangements. The full, finished basement adds even more usable space, perfect for storage or additional living areas.

At 86 Albert Street, Waterloo, you’ll find that comfort is key, despite the absence of air conditioning. The forced air heating system ensures that the home remains cosy during the colder months. While the property does not feature a pool, the expansive lot measuring 46 x 80 feet offers plenty of outdoor space for gardening or enjoying the fresh air. The mutual driveway provides parking for two vehicles, making it convenient for you and your guests.

One of the standout features of this house for sale in Waterloo is its prime location. Just a stone’s throw away from Uptown Waterloo, you’ll have easy access to a plethora of vibrant shops, restaurants, cafes, and nightlife. For those who appreciate urban living, this location is perfect! Plus, you’re within walking distance of both Wilfrid Laurier University and the University of Waterloo, making it an ideal spot for students or university staff.

This property is not just a house; it’s a community. Living at 86 Albert Street, Waterloo, means you’ll be part of a lively neighbourhood with a rich history and a strong sense of community spirit. Whether you’re a first-time buyer looking for a mortgage helper, a multi-generational household seeking a spacious home, or an investor on the lookout for strong rental returns, this house for sale in Waterloo ticks all the boxes.

The home is unfurnished, allowing you to put your own stamp on it and create the perfect living space tailored to your taste. With no central vacuum system and no garage, you’ll have the freedom to design your own storage solutions. The municipal water and sewer systems add to the convenience of living in this well-connected area.

Don’t miss out on this exceptional opportunity to own a piece of history in Waterloo. With its unique features, prime location, and potential for income generation, this house for sale in Waterloo is a must-see. Contact your REALTOR today to schedule a private showing and explore all that 86 Albert Street, Waterloo has to offer!

Schools in the Neighbourhood

This property is conveniently located near several reputable educational institutions, making it an excellent choice for families. The closest school is MacGregor Public School, just 0.2 km away, offering grades 7 to 8, although it currently has a low school rating of 0. For younger children, Elizabeth Ziegler Public School is approximately 1.3 km away, providing both English and French instruction for grades JK to 6, with a solid rating of 6. Waterloo Collegiate Institute, also nearby at 1.2 km, serves grades 9 to 12 and boasts a rating of 6.3. Families seeking a Catholic education will find Our Lady of Lourdes Catholic Elementary School (1.2 km) and St. David Catholic Secondary School (1.7 km) appealing, with ratings of 6.5 and 7.4, respectively. Additionally, Kitchener-Waterloo Collegiate and Vocational School, located 2.0 km away, offers French instruction for secondary students and has a commendable rating of 7. Overall, the area is well-served by a mix of public and Catholic schools, providing a range of educational options for children of all ages.