250 Albert Street, Unit 319, Waterloo, ON
Property Highlights
Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete and stone construction, this residence presents an exceptional opportunity offered at $289,000 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
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Investor's Dream in the Heart of Waterloo! Located in a highly sought-after area with strong rental demand, this well-maintained turnkey unit offers an excellent opportunity to generate immediate income. Featuring a bright open-concept design, 1 bedroom, in-suite laundry, a modern kitchen, dining area, and a private balcony. Just steps from the University of Waterloo and Wilfrid Laurier University, ensuring year-round tenant demand. Currently leased to a reliable tenant, making this a perfect addition to any investment portfolio.
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Property Summary
This condo apartment located at 250 Albert Street, Waterloo is currently for sale and has been available on SousaSells for 3 days. This property is listed at $289,000 with an estimated mortgage of $962* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 250 Albert Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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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 319, Waterloo, ON N2L 0H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $289,000 in Waterloo, the legal minimum down payment is $14,450 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 $2,810 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 $2,810.
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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.