Waterloo
Waterloo
Listed For $1,399,000
Get Pre-approvedExpired
Under Zoned (H)RN-6, this house permits the addition of four new units, each with six rooms, behind the current structure making this a rare and valuable opportunity for perceptive developers seeking high-density potential in a thriving area. Situated at the intersection of Columbia Street, Alberta Street, Lester Street, and University Avenue, this house offers unbeatable proximity to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU) making it an ideal location for student housing. The existing property features 4+2 (permitted) bedrooms, an owned tankless water heater, and a newly installed heat pump (2023). Currently tenanted by students and generating strong rental income, this is a prime opportunity for investors or developers to enjoy consistent revenue while p
Detached properties over the last 16 months
Volume & Median Price Trends
How long homes took to sell each month
Compare with similar recently sold properties nearby
* Values are estimates only and not a guarantee of lending or affordability.