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Listed 29 days ago

103 - 253 Albert Street

, Waterloo

$300,000

Condo Apartment |
1 | 2 | 0 | 0
About this home

Welcome to Unit 103 at 253 Albert Street, Waterloo: Modern Living in the Heart of the University District! Experience this exceptional main-floor condominium located in one of Waterloo's most sought-after buildings. Nestled in the vibrant university district, this beautifully maintained 1-bedroom, 1 Bathroom residence offers an outstanding opportunity for Students, young professionals and investors alike. From the moment you step inside, you'll be captivated by the impressive 13-ft ceilings that create a bright, open and airy atmosphere rarely found in condominium living. The thoughtfully designed kitchen offers ample cabinetry and a functional layout ideal for everyday living and entertaining. Overlooking the main living area, it provides a seamless flow that makes hosting family and friends effortless. One of the standout features of this home is the rare 1.5-bathroom layout, offering added convenience and privacy for residents and guests. The spacious primary bedroom provides a comfortable retreat and enjoys direct access to the private outdoor patio. Step outside to your own fenced patio oasis, accessible through walkouts from both the living room and bedroom. Whether you're enjoying your morning coffee, reading a book, or unwinding after a long day, this private outdoor space offers a peaceful extension of your living area. Additional highlights include in-suite laundry, modern finishes and access to the building's rooftop terrace: an ideal space to relax, socialize and take in the surrounding city views. Situated just a walking distance from Wilfrid Laurier University and University of Waterloo, this property places you at the centre of everything: Restaurants, cafes, grocery stores, shopping and public transit are all just steps from your door. Don't miss your chance to own this rare and stylish condo offering exceptional location, impressive living space and outstanding investment potential in the heart of Waterloo. Book your showing Today!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$525
LockerNone
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,768
mls© NumberX13645404
Listed ByRE/MAX TWIN CITY REALTY INC.
CAC Included
Common Elements Included
Building Insurance Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,536
Property tax
$314
Heat allowance
$150
Condo fees, half counted
$263
Housing costs
$2,262 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $60,000
25-yr amortization

Income needed

$70,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$60,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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