269 Albert St is a 2-bedroom, 1-bathroom home in Waterloo, listed for $1,150,000. It has 1100-1500 sq ft of living space.
1Attention 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.
2In 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.
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)
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $1,045 per square foot. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 269 Albert St
Every detail from the listing, in one place.
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Other
269 Albert St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14152482$1,150,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 269 Albert St Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,650
/mo
based on the purchase price of $1,150,000
$230,000 cash
$920,000 financed
$774,881 total interest
Principal54%$920,000
Interest46%$774,881
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 269 Albert St
Homes for sale in Waterloo
Every active Waterloo MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings385Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.
Based on 418 sales from Aug 7 – Nov 5, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 269 Albert St
How much is 269 Albert St listed for?
269 Albert St is listed at $1,150,000 (MLS® X14152482). Summitly updates the price as soon as the MLS® record changes.
Is $1,150,000 a good price for 269 Albert St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 269 Albert St changed?
No — 269 Albert St is still listed at its original asking price of $1,150,000.
How many bedrooms and bathrooms does 269 Albert St have?
269 Albert St has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a home in Waterloo.
How much would the monthly mortgage be on 269 Albert St?
About $5,650 a month — principal and interest on $1,150,000 with 20% down ($230,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 269 Albert St compare with other homes in Waterloo?
Its asking price of $1,150,000 is about 63% above the median sold price in Waterloo over the last 90 days, $706,957, across 418 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 269 Albert St been sold before?
Summitly has no earlier MLS® sale or lease of 269 Albert St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 269 Albert St?
269 Albert St is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 269 Albert St been on the market?
269 Albert St was listed today (November 5, 2026).
What is the price per square foot of 269 Albert St?
About $767 to $1,045 per square foot: the asking price of $1,150,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 269 Albert St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
What is the land transfer tax on 269 Albert St?
About $19,475 in Ontario land transfer tax at the asking price of $1,150,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
