$530,000
Est. payment $2,347/moCalculate yours
338 Albert Street 201, Waterloo, ON N2L 3T8
Waterloo, ON N2L 3T8
- 4 Beds
- 3 Baths
- 1 Garage
- 1,800 Sq Ft
Listing courtesy of BLUE WHALE CAPITAL REALTY INC. MLS® X13639450
About this home
High Rental Return! Invest in one of Canada’s leading technology hubs! Ideally located in the heart of Waterloo’s thriving tech corridor, this property is surrounded by major employers including Agfa, Sandvine, Sybase, the Canadian Innovation Centre, Manulife, and Sun Life headquarters. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this corner-unit townhome offers exceptional rental demand and income potential. Featuring 4 spacious bedrooms, the property can generate over $4,000/month in rental income, plus approximately $150/month from parking. An ideal option for parents with students attending nearby universities-occupy one bedroom for your own child while renting out the remaining rooms, with current market rents averaging around $800 per room. A turnkey investment opportunity in a high-demand location with strong cash flow and long-term growth potential.
Property details
Overview
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- For
- For Sale
- Status
- New
- Approximate Age
- New
- Size
- 1,800 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 1
- Total Rooms
- 7
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick Front
Lot & Parking
- Parking
- Surface garage · 1 total
Financial
- Property Taxes
- $5,385 (2026)
- Condo Fee
- $657/mo
- Fee Includes
- Common Elements Included, Building Insurance Included, Parking Included, Water Included
- Pets
- Yes-with Restrictions
Location
- Cross Street
- University Ave And Albert St
Listing
- MLS® Number
- X13639450
- Days on Market
- 74
- Listed On
- 2026-08-05
- Possession
- Immediate
- Listed By
- BLUE WHALE CAPITAL REALTY INC.
Rooms
Features
Interior
- None
Amenities
- Visitor Parking
- Included
- Large Open Concept Living Area, Dining Room. Breakfast Bar And Kitchen Fully Furnished. S/S Kitchen Appliances, Quartz Countertop, Pot Lights On Entire Main And Master Br . All Elfs, Blinds , Parking Included.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,347 per month
- Principal and interest
- $2,347
- Property tax
- $449
- Condo fees
- $657
- Estimated monthly cost
- $3,453
Your mortgage
- Mortgage amount
- $424,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $280,018
Cash to close
- Down payment
- $106,000
- Land transfer tax
- $7,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $113,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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