$249,900

For saleJust listed

#615 250 ALBERT Street, Waterloo - Single Family for Sale

#615 250 ALBERT Street, Waterloo, Ontario, N2L3W5

1 bed1 bath458 ft²$340/mo condo feeListed 7 days ago

Overview

This 1-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 458 sq ft of space. It has been on the market 7 days, fresher than the Waterloo average of 67 days.

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

Description

Prime University District Location! Welcome to this bright and inviting 1-bedroom, 1-bathroom condo at Sage Condos, perfectly positioned in the heart of Waterloo's vibrant university community. Just steps from University Avenue and within extremely close proximity to both Wilfrid Laurier University and the University of Waterloo, this location offers exceptional convenience for students, faculty, young professionals, and investors alike. Enjoy easy access to the ION LRT, Conestoga College's Waterloo Campus, restaurants, cafés, shopping, entertainment, and Waterloo's thriving technology hub. The thoughtfully designed unit offers a modern, low-maintenance lifestyle with a bright interior and an efficient layout that makes excellent use of the space. Whether you're looking to add a strong rental property to your portfolio, secure a home for a university student, or make your first real estate investment, this is an opportunity to own in one of Waterloo's most sought-after and consistently in-demand areas. A fantastic location, a desirable building, and an investment opportunity you won't want to miss! (id:66096)

Property Details

MLS®: 40874626
Property Type: Single Family
Zoning: SR2
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Interior Size: 458 ft²
Year Built: 2018
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Visitor Parking
Condo Fee: $340/mo
Fee Includes: Heat
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Bedroom: 7'9'' x 9'5''
4pc Bathroom: 7'9'' x 6'4''
Living room: 13'8'' x 10'9''
Kitchen: 5'7'' x 13'5''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Brick Veneer
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$546

List price

$250K

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 has been listed for 7 days, which is 60 days fresher than the city average of 67. Act while there is still low competition.

Set a price alert Book a showing

Listed by Affinity Real Estate Inc · Hari Shukla

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $249,900, about 3.6× the local median household income of $69,500.

Carrying it typically needs a household income of about $48,814 (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)

$249,900· $546/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% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$201/mo

Condo fee$340/mo

Total monthly$1,857

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator