City owned property and land

Learn more about leasing the Carnegie Library property at 40 Albert Street and submit an expression of interest

On this page

  1. About the Carnegie Library
  2. Zoning and permitted use
  3. Photos
  4. Open house
  5. Expressions of interest
  6. Additional information

About the Carnegie Library

Download lease information package (PDF)

The Carnegie Library is located at 40 Albert Street, Waterloo at the corner of Dorset and Albert Streets in uptown Waterloo. The building has a total gross floor area of 687 square metres. The total leasable space on the first, second and basement floors combined is 463.4 square metres.

View the Carnegie Library floor plans (PDF)

The building offers a unique opportunity for an organization or collective of organizations to become tenants in this iconic space in a high profile location that is both walkable to uptown amenities and accessible to public transit. 

Zoning and permitted use

The Carnegie Library is intended to support the a range of uses, including office, educational or creative uses that will foster research, creative or innovative activities. 

The city plans to renovate the building to bring it up to current building code and accessibility standards. The floor plans found in the additional information section, illustrate the final configuration that is proposed. This includes the addition of a lula elevator, an entry lobby, removing interior partitions and upgrading the bathrooms. 

Types of uses permitted within the zoning bylaw:

  • institutional uses
  • tech offices
  • makerspace (Class A)
  • business incubator
  • museum, library, art gallery
  • artist studio (Class A)
  • office (excluding health practitioner and medical clinic)

To understand more about the zoning requirements view our zoning bylaws:


Photo Gallery: Carnegie Library will appear here on the public site.

Open house

Two open houses were held in March to preview the property. If you were unable to attend please contact staff to discuss at

Expression of interest

Organizations and businesses or collective or organizations/businesses that are interested in becoming tenants are required to make a submission through our online form. You will be required to submit information regarding:

  • the background of your business
  • the intended use of the property
  • proposed lease price, occupancy date, term and renewal dates
  • list of any co-tenant/parties to the proposal
  • list of interior leasehold improvements requiring construction with a proposed budget
  • outline of access to funds or grants to offset city's capital improvements
  • extent of potential job creation
  • required permits if any from all levels of government if needed
  • two previous locations and timeframe at each
  • previous landlord reference or letter of support

When you have gathered all of this information, we encourage you to submit an expression of interest by September 30, 2020 at 4:00 p.m.

Apply now

Additional information

We strongly encourage you to view the property at one of the public open houses and reach out to our staff for any additional information regarding the property and the zoning requirements. 

Please download the expression of interest package at the top of this page that provides further details including occupancy load estimates and further terms of lease.

Staff contacts

Kristin Sainsbury, economic development

Fredrick VanRooyen, zoning/committee coordinator

Colleen Kent, municipal building official