302 - 392 ALBERT Street
Waterloo, Ontario
5 bed • 5 bath • Single Family
Prime Location! This spacious 5-bedroom, 5-bathroom condo apartment offers a turnkey investment opportunity, currently fully tenanted with approximately $4,500/month in rental income. Featuring around 1,700 sq ft of living space, the unit boasts laminate flooring throughout, with each bedroom offering large windows and its own private 3-piece ensuite. Fully furnished and thoughtfully designed, this well-maintained unit includes one parking space. Condo fees cover water, heat, A/C, and insurance, providing added convenience and value. Ideally located just steps from the University of Waterloo and Wilfrid Laurier University, this is an excellent addition to any long-term investment portfolio.
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.5 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.6 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.9 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Winston Churchill Public School0.5 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- MacGregor Public School1.4 km
Public · Waterloo Region DSB · 510 students
- Cedarbrae Public School1.4 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $691,000
- Homes sold
- 1,040
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,040 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Street View
Mortgage Calculator
$122,600
Estimated Monthly Payment
$3,011
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,011/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $153/mo
Estimates only. Consult a financial advisor.
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