114 - 338 ALBERT Street
Waterloo, Ontario
- 3 bed
- 3 bath
- Single Family
Welcome to Ivy Towns 3 by IN8 Developments — a modern and spacious stacked condo perfectly suited for investors or university living. This stylish TWO-LEVEL unit offers approximately 1,600 sq. ft. of well-designed living space, featuring THREE BEDROOMS and THREE BATHROOMS, and a versatile den/study that can easily serve as a FOURTH BEDROOM. This move-in ready unit showcases low-maintenance porcelain and laminate flooring throughout, a functional open-concept layout, in-suite laundry, and a private balcony. One exclusive parking space is included for added convenience. Built in 2018 and well maintained by the current owner, the property is fully leased until August 2026, offering excellent investment potential with the option for vacant possession in time for the 2026/2027 school year. Condo fees conveniently include water and WiFi. Ideally located within a 10-minute walk to Wilfrid Laurier University and the University of Waterloo, and close to Conestoga College’s Waterloo campus, this home provides easy access to Uptown Waterloo, Waterloo Park, Conestoga Mall, and the LRT at UW Station. A rare opportunity to own a spacious, well-maintained condo townhome in one of Waterloo’s most desirable student-oriented communities. Offers welcome anytime.
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.4 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.8 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Winston Churchill Public School0.9 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 School1.1 km
Public · Waterloo Region DSB · 510 students
- Cedarbrae Public School1.7 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
- $692,500
- Homes sold
- 1,037
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,037 recorded sales of single family properties in Waterloo over the last 12 months.
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
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Mortgage Calculator
$119,600
Estimated Monthly Payment
$2,938
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,938/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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