253 Albert Street, Unit 112, Waterloo, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient surface configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Excellent Opportunity in the Heart of Waterloo! Welcome to this spacious and well-maintained 2-bedroom, 2 full washroom condo offering approximately 950 sq. ft. of modern open-concept living. Ideally located in one of Waterloo's most sought-after neighbourhoods, this unit is perfect for investors, students, young professionals, or parents looking to secure housing near the universities. Situated on the main floor, enjoy the convenience of no stairs or elevators while benefiting from two separate entrances to the unit. The bright and functional layout features high ceilings, spacious principal rooms, and a well-designed open-concept kitchen overlooking the living and dining area. Step outside to a large private balcony/terrace facing Albert Street, providing an excellent space to relax and enjoy the outdoors. This well-cared-for unit includes 1 owned parking space and offers comfortable, low-maintenance living in a highly desirable location. Just steps to the University of Waterloo, Wilfrid Laurier University, shopping, restaurants, public transit, and all major amenities. The strong rental demand and exceptional location make this an outstanding investment opportunity with excellent long-term potential. Well priced for immediate action and offering a flexible closing date. Whether you're looking for a personal residence or an income-producing property, this condo checks all the boxes.Don't miss this fantastic opportunity to own in Waterloo's thriving University District!
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Property Summary
This condo apartment located at 253 Albert Street, Waterloo is currently for sale and has been available on SousaSells for 27 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 253 Albert Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 253 Albert Street 112, Waterloo, ON N2L 0G3
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 $399,900 in Waterloo, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.