$419,900

For sale

#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

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$419,900

Waterloo

Book a showing

Description

Welcome to 253 Albert Street Unit 408! This Stunning 936 square feet Top-floor condo offers a Perfect Living in the Heart of Waterloo. Excellent opportunity to own A 2 LARGE BEDROOM, 2 FULL BATHROOM unit located just steps from University Of Waterloo and Wilfrid Laurier University! This very well maintained unit features an open concept with 10 foot ceilings throughout, high quality laminate flooring, granite counter tops and stainless steel appliances!!! This condo has 2 spacious bedrooms, 2 full bathrooms and in-suite laundry. Amazing rooftop patio with great view! A perfect place for the students to study and relax! Close to public transit, LRT, restaurants, shopping and other amenities. Book your private showing today and shows excellent!!! (id:66096)

Property Details

MLS®: 40856281
Property Type: Single Family
Zoning: SR2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Interior Size: 936 ft²
Frontage: 334 ft
Storeys: 4
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: None
Condo Fee: $695/mo
Fee Includes: Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,869.69/yr
Listed: 79 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener
Foundation: Block
Exterior: Concrete, Brick, Stucco, Hardboard

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

79d

Waterloo listings, avg age

67d

Price / ft²

$449

List price

$420K

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.

Area context

Neighbourhood profile (N2L)

This home lists at $419,900, about 6.0× the local median household income of $69,500.

Carrying it typically needs a household income of about $82,021 (20% down, 25-yr amortization, stress-tested) — roughly 18% above 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)

$419,900· $449/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$406/mo

Condo fee$695/mo

Total monthly$3,312

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$4,873

Est. closing costs$3,760

Total cash needed$29,628

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator

#408 253 ALBERT Street, Waterloo - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2L)

Book a showing

Full Cost Breakdown