Room 1
Level not provided
269 Albert Street
Beechwood/University, Waterloo, ON N2L 3T7
Description
Attention investors, builders and savvy parents! 269 Albert St. is one of the last sizeable lots with great frontage in this area that is developable on its own, with no land assembly required. Undeveloped parcels near the universities are few and far between, and most of what remains has already been bought up by developers for their own future projects. The value here is in the land, and the price is very attractive compared to recent sales of similar-size properties with comparable location and zoning. In the meantime, the existing 4-bedroom house works hard for you: rent it out and collect income until you’re ready to redevelop, or buy it for your son or daughter and their friends while they’re at school. Hold, rent, and watch your investment appreciate as development properties in this area become scarcer and harder to obtain. Opportunities with this proximity to the Universities are becoming fewer and more desirable as time goes by. (Supply and Demand). In Northdale, a residential development requires a minimum lot frontage of 65.6 feet (20 metres). Most Northdale lots have about 50 feet of frontage, which falls short of that requirement. That’s what makes this lot so rare. With 80 feet of frontage, it’s a true anomaly in the neighbourhood.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40876625
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $6,850
- Lot
- 80.00 × 132 Acres
Listing History
Listing activity for 269 Albert Street, Waterloo, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,150,000 | N/A | For Sale | 40876625 |
Property Details
Property
- Property Type
- Land
- Style
- Land - (Residential)
- Community
- Beechwood/University
- Municipality
- Waterloo
Utilities
- Water
- Municipal
Land
- Sewer
- Sewer (Municipal)
- Lot Size
- 80.00 × 132 Acres
- Lot Size Code
- Acres
Rooms (12)
Room 2
Level not provided
Room 3
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Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-11-06
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m11 test or monitoring holes also recorded.
- Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (95 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- Nearest rail line: 650 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is E Craftsmen Corporation — E CRAFTSMEN CORPORATION - WATERLOO, 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Enova Power Corp.
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,272
- Down payment$230,000
- Mortgage amount$920,000
- Total interest$661,600
- Total cost$1,811,600
Cash flow analysis
$5,272
Total monthly payment
$5,843
Break-even down payment
100%
Cash flow-$5,843
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,150,000
$1,150,000
CAD
Estimate unavailable
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