| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included |















311 - 250 Albert Street
, Waterloo
$259,800
Fantastic investment opportunity in Waterloo's vibrant University District! This modern studio condominium is ideally located just steps from Wilfrid Laurier University, the University of Waterloo, Conestoga College Waterloo Campus, the ION LRT, restaurants, shopping, and Waterloo's renowned technology hub. Purpose-built for today's investor, this low-maintenance suite offers the opportunity to own real estate in one of Ontario's strongest and most resilient rental markets. Professional property management is available, making ownership simple and convenient for both local and out-of-town investors. The thoughtfully designed open-concept layout features contemporary finishes, in-suite laundry, and an efficient use of space. Residents enjoy modern amenities and a location that consistently attracts students, faculty, and young professionals year after year. Whether you're expanding your investment portfolio, purchasing for a university student, or entering the real estate market for the first time, this turnkey condominium offers outstanding value in one of Waterloo's most sought-after locations.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $311 |
| Locker | None |
| Balcony | Open |
| Exposure | West |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,320 |
| mls© Number | X13602888 |
| Listed By | NASHDOM REALTY BROKERAGE INC. |
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%
- $1,330
- Property tax
- $193
- Heat allowance
- $150
- Condo fees, half counted
- $155
- Housing costs
- $1,828 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$56,000
gross annual household income
- Payment at 4%
- $1,093 / mo
- Cash down
- $51,960
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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