378 Albert Street, Waterloo, ON

$700,000
MLS#:X11994783
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $700,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 70 x 155 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Softener, Separate Hydro Meter, Auto Garage Door Remote
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 378 Albert Street! Located on one of the most sought-after student streets in town, this property is ideal for investors that take comfort in seeking great proximity to both univerities. The property is just a five minute walk to University of Waterloo (UW) and a ten minute walk to Wilfird Laurier University (WLU). This meticulously maintained home is located on an oversized 70 foot x 155 foot lot. In a proposed rezoning scenario, this is a compelling redevelopment opportunity. After noting the recent price growth of the adjacent Northdale neighborhood following the introduction of Northdale Mixed Use zoning, the upcoming Sugarbush South Corridor Expansion Initiative may offer exceptional future redevelopment possibilities. Currently a single family home with many updates, it is well maintained with ample parking. Enjoy hardwood flooring, upgraded windows, large deck with awning, 2 bedrooms upstairs, main floor primary bedroom and fully finished basement. Detached garage. This property is truly turn-key, with minimal effort needed to start earning rental income. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 20, 2025
Sold price information is available to members only
Listed Date3/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size70 × 155 Feet
CountyWaterloo
Annual Tax$5,561
Legal DescriptionPT LT 23 PL 717 CITY OF WATERLOO AS IN 516126; WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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378 Albert Street, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 378 Albert Street, Waterloo, ON N2L 3V1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$560,000
Monthly Mortgage$3,254
Property Tax (Est.)$463
Utilities & Maint.$350
Total Monthly Cost$4,067

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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