250 Albert Street, Waterloo, ON

$309,000
MLS#:X12847258
1 beds
1 baths
0-499 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $309,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via electric

Description

Welcome to Unit 716 at 250 Albert Street - a fantastic opportunity for first-time homebuyers and investors in the heart of vibrant Waterloo. Perfectly located just steps from Wilfrid Laurier University, this well-maintained condo offers exceptional value in one of the region's most sought-after rental and student housing markets. Freshly painted and move-in ready, this bright unit features a functional layout and a private balcony with impressive city views, perfect for relaxing after a long day or enjoying morning coffee above the downtown skyline. Whether you're a student, young professional, or savvy investor, this property provides an ideal blend of comfort, location, and affordability.Situated in the core of Downtown Waterloo, residents enjoy easy access to trendy restaurants, cafes, shopping, and entertainment. The building is also conveniently close to University of Waterloo, making it an excellent rental opportunity with consistent demand.Commuting is effortless with nearby public transit including the ION Light Rail Transit, connecting you seamlessly across the region.Residents enjoy exceptional building amenities, including: Stunning rooftop terrace with BBQs Secure building entry Bike storage Visitor parking Modern common areas designed for convenience and communityWhether you're looking to enter the real estate market at an affordable price point or add a high-demand rental property near major universities, Unit 716 at 250 Albert Street is an opportunity you won't want to miss.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 20, 2026
Sold price information is available to members only
Listed Date3/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stucco (Plaster)
BasementNone
CountyWaterloo
Annual Tax$2,589

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Security System, Cold Alarm

Community Features

Location

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250 Albert Street, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 250 Albert Street 716, Waterloo, ON N2L 0H5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

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Interest Rate5.25%
Down Payment$15,450 (5.0%)
* Minimum Canadian down payment required for this price is $15,450.
Amortization Period25 Years
Estimated Monthly Payment$1,749Based on a loan of $293,550 over 25 years.
Purchase Price$309,000
Loan Amount$293,550
Provincial Land Transfer Tax:$3,110
Total Estimated Closing Taxes:$3,110

About Purchasing a Home in Waterloo, ON

For a property listed at $309,000 in Waterloo, the legal minimum down payment is $15,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,110 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,110.

Nearby Listings

Distance:

No current listings found in Waterloo.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$798,244

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.