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$375,000
Waterloo
#112 253 Albert Street, Waterloo, Ontario, N2L0G3
This 2-bedroom, 2-bathroom condo in Waterloo is for sale. Listed at $375,000, it is attractively priced about 13% below the $429,900 median asking price in Waterloo.
Excellent Opportunity in the Heart of Waterloo! Welcome to this spacious and well-maintained 2-bedroom, 2 full washroom condo offering approximately 950 sq. ft. of modern open-concept living. Ideally located in one of Waterloo's most sought-after neighbourhoods, this unit is perfect for investors, students, young professionals, or parents looking to secure housing near the universities. Situated on the main floor, enjoy the convenience of no stairs or elevators while benefiting from two separate entrances to the unit. The bright and functional layout features high ceilings, spacious principal rooms, and a well-designed open-concept kitchen overlooking the living and dining area. Step outside to a large private balcony/terrace facing Albert Street, providing an excellent space to relax and enjoy the outdoors. This well-cared-for unit includes 1 owned parking space and offers comfortable, low-maintenance living in a highly desirable location. Just steps to the University of Waterloo, Wilfrid Laurier University, shopping, restaurants, public transit, and all major amenities. The strong rental demand and exceptional location make this an outstanding investment opportunity with excellent long-term potential. Well priced for immediate action and offering a flexible closing date. Whether you're looking for a personal residence or an income-producing property, this condo checks all the boxes.Don't miss this fantastic opportunity to own in Waterloo's thriving University District! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 135 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 2-bed single family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $375,000, about 5.4× the local median household income of $69,500.
Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice