$289,995

For sale

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#203 250 Albert Street, Waterloo - Single Family for Sale

#203 250 Albert Street, Waterloo, Ontario, N2L0H5

1 bed1 bath0 parking condo fee

#306 384 ERB Street West, Waterloo, Ontario, N2L1W6

2 bd1 ba1 pk1,076 ft²+$925/mo

Listed by RED AND WHITE REALTY INC.

#802 191 KING Street South, Waterloo, Ontario, N2J1R1

For saleJust listed

Today

$419K

#802 191 KING Street South, Waterloo, Ontario, N2J1R1

1 bd2 ba1 pk701 ft²+$482/mo

Listed by Re/Max Real Estate Centre Inc.

#3 641 ALBERT Street, Waterloo, Ontario, N2L3V5

For saleJust listed

Yesterday

$300K

#3 641 ALBERT Street, Waterloo, Ontario, N2L3V5

4 bd2 ba1 pk1,087 ft²+$317/mo

Listed by Royal LePage Wolle Realty

#510 312 Erb Street West, Waterloo, Ontario, N2L0K9

For saleJust listed

Yesterday

$429K

#510 312 Erb Street West, Waterloo, Ontario, N2L0K9

1 bd1 ba1 pk550 ft²+$443/mo

Listed by CENTURY 21 MILLENNIUM INC.

Investment analysis

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$289,995

Waterloo

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Overview

This 1-bedroom, 1-bathroom condo in Waterloo is for sale. Listed at $289,995, it is attractively priced about 33% below the $429,900 median asking price in Waterloo.

Condos for Sale in Waterloo →All real estate in Waterloo →

Description

Whether you're a parent investing in your student's future or an investor seeking reliable returns, this stylish condo in Waterloo's University District checks every box. Steps from Wilfrid Laurier and the University of Waterloo, this well-designed unit features in-suite laundry, a modern kitchen with stainless steel appliances, sleek cabinetry, and a bright open-concept layout with large windows. Building amenities include a fitness centre, bike storage, and a rooftop terrace. For parents, stop paying someone else's mortgage - build equity while giving your student a safe, convenient home. For investors, Waterloo's university corridor is one of Ontario's most resilient rental markets with consistent, year-round demand and low vacancy. (id:66096)

Property Details

MLS®: X13139636
Property Type: Single Family
Zoning: rn-12
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $370/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,416.98/yr
Listed: 171 days ago

Rooms

Main level

Living room: 11.2 x 13.8 meters
Kitchen: 12.4 x 5.7 meters
Bedroom: 9.5 x 7.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Concrete, Brick
Lot Features: Flat site, Elevator, Balcony, Dry, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

171d

Waterloo listings, avg age

67d

List price

$290K

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.

Haho

This 1-bed single family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY · Sasha Kuzmanovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $289,995, about 4.2× the local median household income of $69,500.

Carrying it typically needs a household income of about $56,646 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $69,500
Population: 37,953
Median age: 29.8
Owner / renter: 37% / 63%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2L)

$289,995

For sale

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Full Cost Breakdown

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Down Payment5% · $14,499.75

Min 5%50%

Mortgage payment$1,527/mo

↳ CMHC premium ($11,020 capitalized)

Property tax (est.)$201/mo

Condo fee$370/mo

Total monthly$2,098

Cash Needed to Close

Down payment (5%)$14,500

Land transfer tax$2,825

Est. closing costs$3,370

Total cash needed$20,695

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice